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NDIC moves to conclude liquidation of 89 failed banks

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs) following their successful acquisition by new owners under the Purchase and Assumption (P&A) resolution...

Sade Ogunleye
BySADE OGUNLEYE-senior correspondent
Last Updated: 2026-04-15T20:35:19.517000
6 Min Read
NDIC moves to conclude liquidation of 89 failed banks
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