We’ve paid N119bn to depositors, creditors of closed banks – NDIC

The Nigeria Deposit Insurance Corporation, on Friday, said it had paid a total of N119.101 billion as insured sums to 535,815 depositors, creditors, and shareholders of closed banks as of December 29, 2021. It also disclosed that it had paid in full insured and uninsured sums to depositors of 18 banks in liquidation. The NDIC…