Archive: July, 2017


IN THE MATTER OF THE COMPANIES AND ALLIED MATTERS ACT 1990 NOTICE TO DEPOSITORS OF THE FOLLOWING BANKS (IN-LIQUIDATION) OF THE INTENTION TO DECLARE DIVIDEND All persons listed as Depositors in the records of the following banks (in-liquidation) who are eligible for liquidation dividend should file their proof of claim with the ... Read More


The banking licence of African International Bank Ltd (closed bank) was revoked by the Governor of the Central Bank of Nigeria (CBN) on the 2nd September, 2013. Pursuant to Section 40 (1) of the Nigeria Deposit Insurance Corporation Act, 2006, the NDIC became the liquidator of the closed bank and ... Read More


  PRESS RELEASE   “An investment in knowledge pays the best interest” – Benjamin Franklin, American author, scientist and statesman   The evolution of elaborate deposit insurance system (DIS) can be traced to the United States Congress which created the Federal Deposit Insurance Corporation in 1933 following ... Read More