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creditors

Money market

NDIC pays N16bn in liquidation dividends to depositors, creditors, others in 20 years

The Nigerian Deposit Insurance Corporation (NDIC), said it has paid N16 billion in liquidation dividends to depositors, creditors and shareholders of banks in liquidation in the past 20 years. The Principal Manager, NDIC Kano Zonal Office, Ms Hajara Imam stated…

NewsDirect
November 3, 2023

Money market

IMF to mediate between debtor countries and creditors

The International Monetary Fund (IMF) says it is playing an active role in mediating on the debt debacle facing some countries. The Managing Director of IMF, Kristalina Georgieva, said this on Friday in Marrakech, during the 2023 Annual Meetings Plenary.…

NewsDirect
October 14, 2023