The Nigeria Deposit Insurance Corporation says it will soon commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation.
The NDIC disclosed this in a statement on Monday by its Director of Communication and Public Affairs Department, Mr Bashir Nuhu.
It said, “While stakeholders of eight closed banks are to receive their first round of liquidation dividend payments, those of the other six are to be paid additional sums due to them as part of their liquidation dividends.”
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The corporation listed the banks to include City Express, All States Trust, Allied Bank, Commerce Bank, North South Bank, Cooperative and Commerce Bank, and Nigeria Merchant Bank.
Others are Hilltop Micro-Finance Bank, Olomoyoyo MFB, Evo MFB, Ngwegwe MFB, Bekwarra MFB, Argungu MFB and Edet MFB.
According to the statement, the NDIC urged eligible stakeholders of the banks to visit its offices nationwide for the verification of their claims or do so on its website.
In a related development, the NDIC said it also commenced verification for depositors of 22 MFBs whose operating licences were recently revoked by the Central Bank of Nigeria.
The exercise, according to NDIC, is geared towards payment of insured sums to eligible depositors.
“Depositors of the affected MFBs have been advised to visit the closed banks’ addresses where their claims would be verified by the NDIC’s officials. They are also to visit the corporation’s website for the list of the banks and to verify their claims,” it added.
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