NDIC Explains Liquidation Of Fortis Micro-Finance Bank

United States News News

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) […]