The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the closed banks mentioned below, has concluded arrangements to pay liquidation dividends to eligible depositors of the banks from Monday, 3rd September, 2018. Accordingly, 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 Liquidator, as NOTICE is hereby given that liquidation dividends are intended to be declared for eligible depositors as follows:

1Assurance BankFirst (1st)32 kobo per Naira
2Lagoon Homes Savings & LoansFirst (1st)4 kobo per Naira
3Mortgage PHBFirst (1st)58 kobo per Naira
4Progress BankFifth (5th)100kobo per Naira
5Commerce BankSeventh (7th)100 kobo per Naira

For further clarification or any assistance, eligible depositors should contact the representatives of Director, Claims Resolution Department in any of the under listed centres/Zonal Offices:

1Lagos OfficeNDIC, NECOM House (10th Floor), 15 Marina, Lagos0816656999509072412332
2Enugu Zonal OfficeNo. 10, Our Lord’s Street, Independence Layout, Enugu042-290899
3Benin28A/28B, Benoni Hospital Road, Off Airport Road, GRA, Benin City, Edo State0815099957708150999588081509995990815099960008150999535
4KanoPlot 458, Muhammad Muhammad Street, Off Maiduguri Road, Hotoro, GRA, Kano0809775613009092748222
5IlorinNo.12A, Sulu Gambari Road, Ilorin08023123185
6BauchiPlot No. 3, Bank Road, P.M.B. 0207, Bauchi07058511220
7SokotoNo. 2, Gusau Road, Opp. NNPC Mega Station, Sokoto08033155162
8YolaNo. 6, Numan Road, P.M.B. 2227, Jimeta, Yola, Adamawa State080679105990806841806908067923383 
9Port HarcourtNo. 104, Woji Road, Off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State0909072673709029150752
10Head Office AbujaHead, Bank Examination Unit (BEU), NDIC, Abuja, 447/448, Constitution Avenue, Central Business District, Garki, Abuja09-460126009-4601261

Liquidation dividends will continue to be declared to depositors who are yet to be paid their full deposits, as and when assets of the closed banks are realized by the Corporation.