Relief As NDIC Set To Pay First Liquidation Dividend To Defunct Peak Merchant Bank’s Depositors, Ex-Staff

Relief has come the way of the defunct Peak Merchant Bank’s Depositors as well as the Ex-Staff as the Nigeria Deposit Insurance Corporation (NDIC) is set to pay them their first liquidation dividend.

A statement from the NDIC specifically stated that as the official Liquidator of the failed Banks in Nigeria and in line with its mandate the Corporation wished to inform them that it has concluded preparations to pay their first liquidation dividend.

However, the NDIC in the statement signed by the Director, Communication and Public
Affairs, NDIC, Bashir A. Nuhu, enjoined the concerned persons to verify their respective details.

He explained 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.

According to Nuhu, “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: claimscomplaints@ndic.gov.ng”