Tag: Debtors

NDIC recovers N24.68bn from debtors of failed banks

The Nigeria Deposit Insurance Corporation said it recovered  in 2012 a cumulative sum of N24.68bn from debtors of Deposit Money Banks that were liquidated by the Central Bank of Nigeria. The N24.68bn represents an increase of N2.42bn over the N22.26bn recovered in 2011. It also said that a cumulative debt […]