NDIC Begins Payment of ₦46.6 Billion Liquidation Dividends to Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment of ₦46.6 billion as the first tranche of liquidation dividends to depositors with funds above the insured limit. The payment is directed at ensuring that depositors of the defunct Heritage Bank are fully reimbursed. A liquidation dividend represents the amount paid by the Corporation to depositors […]