Court orders liquidated Lead Merchant to pay depositors ₦550 million
The Nigeria Deposit Insurance Corporation (NDIC) has secured a landmark judgement to the tune of ₦556,493,034.16 (Five Hundred and Fifty-Six Million, Four Hundred and Ninety-Three Thousand, Thirty-Four Naira and Sixteen Kobo Only) in favour of depositors of Lead Merchant Bank Limited (in-liquidation). The judgement was recently delivered by Honourable Justice Ibrahim N. Buba of Federal […]
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