NDIC Begins Payment of N46.6 Billion Liquidation Dividends to Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of ₦46.6 billion as the first phase of liquidation dividends to depositors of the defunct Heritage Bank. The payout, which started on Friday, targets depositors whose balances exceeded the insured limit of ₦5 million. This move comes following the revocation of Heritage Bank’s operating license