NDIC Takes Over 46 Revoked Microfinance Banks For Liquidation
[mc4wp_form id=33047] The Nigeria Deposit Insurance Corporation (NDIC) has formally taken over 46 microfinance banks whose operating licences were revoked by the Central Bank of Nigeria (CBN), commencing the process of their liquidation and assuring depositors of the payment of insured deposits. The takeover follows the revocation of the licences by the CBN on July…
