NDIC

NDIC pays N24.3bn second liquidation dividend to Heritage Bank depositors

On: January 12, 2026

Dividend By Grace Alegba Lagos, Jan. 12, 2026 (NAN) The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery of the bank’s assets. The Central Bank of Nigeria (CBN) hadContinue Reading

NDIC and the task of protecting Nigerians’ banking interests

By: Philip Daniel Yatai

On: October 15, 2024

In: Features

With: 0 Comments

By Ginika Okoye, News Agency of Nigeria (NAN) It was Eric Hoffer, an American moral and social philosopher who observed that disappointment is a sort of bankruptcy, the bankruptcy of a soul that expends too much in hope and expectation. The Hoffer quote captures the disposition of many bank customersContinue Reading

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