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NDIC begins verification, payment to depositors of 46 failed microfinance banks - Businessday NG
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the verification and payment of insured deposits to customers of the…
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punchng.com
NDIC says 281 million depositors insured against bank failure
The NDIC announced that over 281 million depositors are now insured against bank failure, with expanded coverage and faster reimbursements for customers.
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saharareporters.com
CBN Revokes Licences Of 46 Microfinance Banks Over Regulatory Violations, Insolvency
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country over multiple regulatory violations, including insolvency,…
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businessday.ng
CBN revokes licenses of 46 Microfinance banks - Businessday NG
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 46 Microfinance Banks with effect from July 1, 2026, in accordance...
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NDIC begins assets takeover of 46 failed microfinance banks, warns public against dealings
The NDIC has begun taking over assets of 46 failed microfinance banks whose licenses were revoked. The public is warned against dealing with these NDIC mic
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NDIC begins verification, payment to depositors of 46 failed microfinance banks - Businessday NG
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the verification and payment of insured deposits to customers of the…
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NDIC takes over 46 delicensed microfinance banks
The NDIC has taken over 46 microfinance banks whose licenses were revoked by the CBN. Learn about the liquidation process and depositor payment.