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NDIC To Pay Liquidation Dividend To Defunct Peak Merchant Bank Depositors

by Mark Itsibor
2 years ago
in Business
NDIC
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As the official Liquidator of the failed Banks in Nigeria, the Nigeria Deposit Insurance Corporation (NDIC) said, it has concluded preparations to pay their first liquidation dividend to the depositors & ex-staff (deposits) of defunct Peak Merchant Bank.

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According to a release signed by the director, Communication and Public Affairs, NDIC, Bashir A. Nuhu, and made available to LEADERSHIP yesterday, the corporation said, it is doing this in line with its mandate, adding that, the verification exercise would enable depositors of the defunct bank to cross-check and ascertain their account information as well as balances with the bank as at closure.

“We enjoin all eligible stakeholders of the defunct bank to visit any NDIC offices or visit NDIC Website on www.ndic.gov.ng for verification of their claims commencing from Monday, 18th September to 16th October, 2023 while the duly completed verification forms can also be sent to the corporation’s email address at: [email protected],” he pointed out.


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Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

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