NDIC Concludes Arrangement to Pay First Liquidation Dividend To Creditors of Five Closed Banks

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NDIC Concludes Arrangement to Pay First Liquidation Dividend To Creditors of Five Closed Banks
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Thursday, May 03, 2018 /09:05 AM/NDIC

Nigeria Deposit Insurance Corporation in its capacity as the Liquidator of the closed Commercial Trust Bank, Icon Merchant Bank, Merchant Bank For Africa, Ivory Merchant Bank and Financial Merchant Bank (In-liquidation) is pleased to announce that it has concluded arrangement to pay Creditors of the closed banks.

All creditors of the closed banks are hereby advised to come for verification and subsequent payment at our Marina Office, Lagos or through any of the NDIC Offices listed below. Creditors are required to file their claims within 90 days of this publication after which the funds available would be used to pay the next category of claimants of the closed bank.

For further clarification or any assistance, Depositors/Creditors should contact the representatives of Director, Claims Resolution Department in any of the under listed centres/ Zonal offices.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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