The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Deposit Money Banks (DMBs), Primary Mortgage Banks (PMBs) and Microfinance Banks (MFBs), hereby invites interested members of the general public to buy the assets (landed property) of the under listed defunct banks through PUBLIC COMPETITIVE BIDING:

1Allstates Trust Bank Plc35 Enerhen Road,Warri, Delta StateDelta StateA purpose-built bank structure on two floors (ground and first), a gate house and a generator house 08037438529 & 08188277949
2Allstates Trust Bank PlcIT Village & Training Complex, Igwuruta,Port HarcourtRiver StateA well-built training centre standing on two floors (ground and first); lecture lodge (standing on ground and first floors)08064669704
3Allstates Trust Bank PlcMgbodo Village, Aluu, PortharcoartRiver StateUndeveloped Farm Land08064669704
4Assurance BankAlong Fiditi Road, Fiditi, Oyo State.Oyo StatePurpose Built banking premises (Bungalow) 08034660272
5City Express BankKM 8, Lagos-Abeokuta ExpresswayOgun StateA 4-room office complex, uncompleted 2 room bungalow and a warehouse with office complex on a land measuring over 1 hectare 08034457511 & 08023120788
6Merchant Bank of AfricaEdiene Village, Ikono LGA Akwa IbomAkwa Ibom StateAn Oil Palm Mega Factory on an approximately 6,000sqm ‘08027878892
7Lead BankPlot 721, Cadastral Zone C02, Gwarimpa 1 District, FCT, AbujaAbujaUndeveloped Parcel of land measuring about 1,382.69sqm09096268221 & 09096268225
8Lead BankPlot 392, Ifire Ileogun Street, Gwarimpa 1 District, FCT, AbujaAbujaUndeveloped Parcel of land measuring about 1,582sqm07069080997
9Lead BankPlot 353, Ifire Ileogun Street, off Femi Kila Street, Gwarimpa 1 District, FCT, AbujaAbujaUndeveloped Parcel of land measuring about 1,178sqm07069080997
10North South BankAlaba-Rago, Badagry Express Way, LagosLagosPurpose Built Banking Property (One Storey Building)  08020913684 & 08130696102
11Benhouse Savings & LoansAbu King Shuluwa Road, GRA, Markurdi, Benue StateBenue StateUndeveloped plots of land 08065696000
12Omega Savings and Loans LtdErekesan Market, Akure, Ondo StateOndo Stateoffice /shop property located in a modern market08037147736
13Euro Banc Savings and Loans LtdNew Karshi, New Karu Local Government Area, Nasarawa StateNasarawa State8.972 Hectares 07069080997 & 08054208436
14Amazing Grace MFBOpposite St. Mary Anglican Nursery and Primary School, Oke, Ibadan, off Ibadan Road, Osiele, Abeokuta, Ogun StateOgun StatePurpose Built banking premises (Bungalow) 08038004150
15Gboko MFB Akren Ipav Road, Gboko South, Benue State                    Benue Bungalow                                       08065696000
16EDET MFBUdet Ukpom Market Square, Ukpom, Ikono LGA, Akwa Ibom StateAkwa Ibom State4-Room office bungalow for bank use08023159344 & 08098103228
17Etiti MFBIsinweke in Ihite/Uboma L.G.A, Imo StateImo StateParcel of land 08033281058 & 08066551413 
18Ifonyin MFBIdiroko Road, Ajegunle, Ilase, Ogun StateOgun StatePurpose Built banking premises (Bungalow) 08038004150
19Idah MFBNo. 60 Ayegba Oma-Idoko Way, Idah, Kogi StateKogi StateOne Storey Building for banking purpose08076573205 & 08065238561
20Owhowha Micro Finance BankEcheko Bush Otovwo-Ughelli, Delta StateDelta StateAbout 936sqm plot of land08023201421 & 08037728702
21Prime MFBAkpan Andem Market, Uyo, Akwa Ibom StateAkwa Ibom StatePurpose Built Banking Property (One Storey Building) within 450msq area of land08027878892
22Tri-Star MFB9th Mile, Obollo-Afor , Old Road, beside Afor Main Market, Eha-Alumuna, Nsukka, L.G.A., Enugu StateEnugu StateA Storey Building and a gate House 08033041561
23KPACHARKA MFBRofia/Yauri Road, Agwara PMB 21, Kontagora, Niger StateNiger StateBungalow 08037250279
24SADAU MFB       No. 3, KofarFada, Itas LGC, Bauchi State Bauchi State4 Bedroom Bungalow, a gate house and Security house.                               08020913684
25OMU MFB 1, Otunba Gbenga Daniel Road, Ogun StateOgun State6NO undeveloped Plots of Land08038004150
26MASOYI MFBKagara, Rafi LGA, Niger StateNiger StateBungalow08034506499
27LAVUNKPANLagos-Bida Road, Lavun LGA, Kutigi, Niger StateNiger StateBungalow08037250279
28TATTALI MFBKaduna Lagos Road, Makera, Mashegu LGA, Niger StateNiger StateBungalow08037250279
29Ebu MFBEkeohoa/Illah Road, Oshimili North LGA Delta StateDelta StateBungalow 08023201421 & 08037728702
30United MFBNo 2, Udumota Quarters, Ekpan Effuru, Warri, Delta StateDelta StateBungalow08037438529 & 08188277949
31Amuro MFBNo. 79, Federal Road, Okokere, Amuro, Mopamuro, LGA Kogi StateUndeveloped plots of land at No. 79 Federal Road, Post Office Close, Orekere, Amuro08076573205 & 08065238561
32Idumuje MFBAbuano Square, Idumuje, Ugboko, Aniocha North LGA Delta StateDelta StateBungalow 08133178176
33Arochukwu MFB Afor Arochukwu Market, Abia StateAbia StateUndeveloped parcel of land with Irrevocable Power of Attorney with Registration No. 71/71/56 measuring 610.005m²08037799800
34Acheajebwa MFBACHEAJEBWA MFB, No. 6, Opposite Modern Market, Kaduna Road, Sarkin Pawa, Niger StateNiger StateBank Owned Building ‘08020913684
35Toki Rainbow MFB 68 Nkpogu Road, Off Trans Amadi Industrial Layout, Port Harcourt, Rivers StateRivers State Building08064669704
36Ijomu-Ore MFBCollage of Education, Oro Study Centre premises, Ore, Kwara StateKwara StateOne Room Shop08030623892 & 08035768747
37Chiegbe – Yaji MFBProperty at Zungeru Road, Lemu, Niger StateNiger State Bungalow                                       08034506499
38Ajeko MFBProperty at Market Square, Near CMML Church, Iyale Village, Dekina LGA, Kogi StateKogi StateUndevelop Parcel of land measuring about 389.62sqm08033114150
39Adaigbo MFBProperies at Otulu                            Village Aniocha South LGA, Delta   State                                    Delta      StateA Bungalow of 4-room on a land measuring about 297.7m²08023201421 & 08037728702
40Adaigbo MFBProperies at Azungwu Quarters, Behind Comprehensive Grammer School, off NEPA                                                   Road, Ogwuashi Ukwu, Aniocha South LGA, Delta   StateDelta      StateUndeveloped Plot of Land on an approximately 929.02m²08023201421 & 08037728702
41AHETOU MFB                    No. 26 Erema Road, Bypass, Akabuka, Ogba/Egbema/Ndoni Local Government Area, Rivers State    Rivers StateLanded property measring 2.296.265sm² 08064669704
42BEBEJI MFB 10 Gidan Iyan, Bebeji Town, Bebeji LGA, Kano StateKano StatePurposely Build Bank Building08130696102
43ERE CITY MFB Ere-Ijesha/ilahun Road, Ere-Ijesha, Oriade LGA, Osun StateOsun StateBungalow08022014700
44IBOGUN MFB            Ibogun-Egbeda, Ifo LGA, Ogun StateOgun StateBungalow08038981964 & 08092847687
45MOPA MFB          Silas Bamidele Daniyan House, Kabba-ilorin Road, Mopamuro LGA, Kogi StateKogi StateA Storey Building08033114150
46Fufore MFB                25, Gurin Road Fufore, Fufore L.G.A, Adamawa State.  Adamawa State.Bungalow08036152448 & 08036197741
47Fortis MFBBlock WH-OFF 122, Utako Ultra-Modern International Market, FCT, AbujaFCT, AbujatLock Up Shop09096268221 & 09096268225
48Lantang MFBNew Market Road, Sabon Gar, Lantang LGA, Plateau StatePlateau StateBungallow and Lock Up shop08035781209 & 08027676333
49ICB MFBAkuko-Igbo Town, Oshimilli North LGA, Dalta StateDalta StateBungallow08023201421 & 08037728702
50Ngegwe MFB60, Alode-Ogale Road, Eleme, Rivers StateRivers StateBungallow08064669704


All interested bidders are invited to contact the Sales Agents through the stated phone numbers in the schedule above for guided inspection of the properties and further inquiries. 


Bids together with 10% of the bid amount in Certified Bank Draft should be submitted in a Sealed envelope with “BID FOR LANDED PROPERTY” inscribed on the top left corner of the envelop. The bid should indicate Name, Address and Telephone Numbers. The 10% Bank Draft for the successful bidder will be retained by the Corporation and they will be required to pay the balance of the bid price within 30 days of notification while the Bank Draft for unsuccessful bidders will be return immediately. The property is sold “as is” and “net” of all taxes.


Bids should be submitted to the office of the Sales Agents indicated above or The Director, Asset Management Department, Nigeria Deposit Insurance Corporation, Lagos Office, (9th Floor), Mamman Kontagora House, 23A, Marina, Lagos on or before 4.00pm,  Wednesday 23rd November, 2022.


Submitted bids will be opened in the presence of all bidders on Thursday 24th November 2022by 12 noon prompt at the meeting Room, NDIC Lagos Office(9th Floor), Mamman Kontagora House, 23A, Marina, Lagos.

For further enquiries, please contact:

Director, Asset Management Department,

Nigeria Deposit Insurance Corporation, Lagos Office Annexe,

Mamman Kontagora House (9th Floor),

23A, Marina,


Tel No: 08029997846.