NDIC Explains Liquidation Of Fortis Micro-Finance Bank

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Nigeria Deposit Insurance Corporation (NDIC) has said Fortis Microfinance Bank had been mismanaged beyond salvaging resulting in the decision of the corporation to liquidate it. NDIC in a statement issued by its head of Communications and public Affairs, Muhammed Ibrahim, explained that contrary to misconceptions that the NDIC and the Central Bank of Nigeria (CBN) […]

 

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