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Notice of Intention to Terminate Liquidation Activities

NDIC 5 min read

NOTICE is hereby given to the General Public by the Nigeria Deposit Insurance Corporation (NDIC) in its capacity as the Liquidator of the under listed closed Microfinance and Primary Mortgage Institutions, that the Corporation in accordance with the provisions of its enabling law and other relevant laws , will at the expiration of thirty (30) days from the date of this publication , be presenting applications to the various Judicial divisions of the Federal High Court to obtain orders of dissolution for these closed banks and to release/discharge the Corporation as Liquidator of these banks at the expiration of thirty (30) days from the date of this publication.

SCHEDULE OF BANKS FOR DISSOLUTION

NDIC MICROFINANCE BANK NAME CHANGES

ABIA

  • Mouau Vasmucs Microfinance Bank Limited → Movasco-OP Microfinance Bank Limited


AKWA IBOM

  • Eduek Microfinance Bank Limited → Mint Microfinance Bank Limited

  • Ini Microfinance Bank Limited → Uforo Microfinance Bank Limited

  • Nsehe Microfinance Bank Limited → Vista Microfinance Bank Limited

  • Zawadi Microfinance Bank Limited → Zitra Microfinance Bank Limited


ANAMBRA

  • Akpo Microfinance Bank Limited → Oganiru Microfinance Bank Limited

  • Anya Microfinance Bank Limited → Pionner (Diohaunoego) Microfinance Bank Limited

  • Awka Microfinance Bank Limited → Plantinum Microfinance Bank Limited

  • Enugwu-Ukwu Microfinance Bank Limited → Umunri Microfinance Bank Limited

  • Isi-Aku Microfinance Bank Limited → Isiego Microfinance Bank Limited

  • Obosi Microfinance Bank Limited → Adike Microfinance Bank Limited


BENUE

  • Bipc Microfinance Bank Limited → Novus Microfinance Bank Limited

  • Jamis Microfinance Bank Limited → Strait Sahara Microfinance Bank Limited


DELTA

  • Cub Microfinance Bank Limited → Unicoop Microfinance Bank Limited

  • Umejei Microfinance Bank Limited → Kolisa Microfinance Bank Limited


EDO

  • Abc Microfinance Bank Limited → Okada Microfinance Bank Limited

  • Ehor Microfinance Bank Limited → Ehinoma Microfinance Bank Limited

  • Esan Microfinance Bank Limited → Ubj Microfinance Bank Limited


EKITI

  • Amoye Microfinance Bank Limited → Ikere Microfinance Bank Limited


ENUGU

  • Goldenfunds Microfinance Bank Limited → Royal Excellent Microfinance Bank Limited


FCT

  • Mainsail Microfinance Bank Limited → Duxbank Microfinance Bank Limited

  • Ally Microfinance Bank Limited → Ultraviolet Microfinance Bank Limited

  • Business Support Microfinance Bank Limited → Transpay Microfinance Bank Limited

  • The Daniels Global Microfinance Bank Limited → Swifttrust Microfinance Bank Limited

  • First Multiple Microfinance Bank Limited → Koboweb Microfinance Bank Limited


IMO

  • Evangel Microfinance Bank Limited → Vangel Microfinance Bank Limited

  • Greenland Microfinance Bank Limited → 5TT Microfinance Bank Limited


JIGAWA

  • New World Microfinance Bank Limited → BKD New Microfinance Bank Limited


KADUNA

  • Narict Microfinance Bank Limited → Basawa Microfinance Bank Limited

  • Fahimta Microfinance Bank Limited → Cedrus Microfinance Bank Limited

  • Mabinas Microfinance Bank Limited → Al'Hikma Microfinance Bank Limited


KANO

  • Grassroots Microfinance Bank Limited → MIA Microfinance Bank Limited

  • Northbridge Microfinance Bank Limited → Esteem Microfinance Bank Limited


KATSINA

  • Cherish Microfinance Bank Limited → Cool Microfinance Bank Limited


KWARA

  • Omu-Aran Microfinance Bank Limited → Olomu Aperan Microfinance Bank Limited


LAGOS

  • Arise Microfinance Bank Limited → Shine Microfinance Bank Limited

  • Banccorp Microfinance Bank Limited → Bloc Microfinance Bank Limited

  • Bishopgate Microfinance Bank Limited → Advancly Microfinance Bank Limited

  • Bridgeway Microfinance Bank Limited → Bway Microfinance Bank Limited

  • Briyth Covenant Microfinance Bank Limited → Weston–Charis Microfinance Bank Limited

  • Credit Afrique Microfinance Bank Limited → Kaizen Microfinance Bank Limited

  • Echo Microfinance Bank Limited → Plus One Microfinance Bank Limited

  • Eyowo Microfinance Bank Limited → Entrepreneur Microfinance Bank Limited

  • Fiyinfolu Microfinance Bank Limited → Teerus Microfinance Bank Limited

  • Hackman Microfinance Bank Limited → Lightway Microfinance Bank Limited

  • Halmond Microfinance Bank Limited → Casa Microfinance Bank Limited

  • Manna Microfinance Bank Limited → Savesimple Microfinance Bank Limited

  • Manny Microfinance Bank Limited → Silverend Microfinance Bank Limited

  • Mayfair Microfinance Bank Limited → Optimum Global Microfinance Bank Limited

  • Mercury Microfinance Bank Limited → Dash Microfinance Bank Limited

  • Moneywise Microfinance Bank Limited → Indulge Microfinance Bank Limited

  • Network Microfinance Bank Limited → Unicorn Microfinance Bank Limited

  • Nuture Microfinance Bank Limited → MBAG Microfinance Bank Limited

  • Onyx Microfinance Bank Limited → Digitvant Microfinance Bank Limited

  • Oros Capital Microfinance Bank Limited → Ezpay Microfinance Bank Limited

  • Peniel Microfinance Bank Limited → Zircon Microfinance Bank Limited

  • Primera Microfinance Bank Limited → Koins Microfinance Bank Limited

  • Purple Money Microfinance Bank Limited → Willows Microfinance Bank Limited

  • Stallion Microfinance Bank Limited → Springfield Microfinance Bank Limited

  • Sunrise Microfinance Bank Limited → Stable Microfinance Bank Limited

  • Surbpolitan Microfinance Bank Limited → Charis Microfinance Bank Limited

  • Verdant-Capital Microfinance Bank Limited → Verdant Microfinance Bank Limited

  • Zikado Microfinance Bank Limited → Avest Microfinance Bank Limited


NASARAWA

  • Josad Microfinance Bank Limited → Payrep Microfinance Bank Limited


NIGER

  • Musharaka Microfinance Bank Limited → Muamala Microfinance Bank Limited

  • Dangizhi Microfinance Bank Limited → Metro Express Network Microfinance Bank Limited

  • Edumana Microfinance Bank Limited → Edusoko Microfinance Bank Limited


OGUN

  • Aiyepe Microfinance Bank Limited → Springville Microfinance Bank Limited

  • Interland Microfinance Bank Limited → Nexton Microfinance Bank Limited

  • Star Microfinance Bank Limited → Sosa Microfinance Bank Limited

  • Zigate Microfinance Bank Limited → Katsu Microfinance Bank Limited


ONDO

  • Fasilidapo Microfinance Bank Limited → Ourpass Microfinance Bank Limited

  • Newage Microfinance Bank Limited → Cashbrite Microfinance Bank Limited


OSUN

  • Boluwaduro Microfinance Bank Limited → Afole Microfinance Bank Limited

  • Iba Microfinance Bank Limited → Bankeasy Microfinance Bank Limited

  • Idese Microfinance Bank Limited → Sofaj Microfinance Bank Limited

  • Ola Microfinance Bank Limited → Run Microfinance Bank Limited

  • Olofin Microfinance Bank Limited → DSC Microfinance Bank Limited

  • Olofin-Owena Microfinance Bank Limited → Avantus Microfinance Bank Limited

  • Osogbo Microfinance Bank Limited → Bold Microfinance Bank Limited


OYO

  • Firstindex Microfinance Bank Limited → Ricia Capital Microfinance Bank Limited

  • Joint Farmers Microfinance Bank Limited → Tellerone FI Microfinance Bank Limited

  • Ologbon Microfinance Bank Limited → Akata Microfinance Bank Limited


PLATEAU

  • Bluewhales Microfinance Bank Limited → Ellington Microfinance Bank Limited


RIVERS

  • Iwoama Microfinance Bank Limited → Tenn Bank Limited


ADAMAWA

  • Adamawa Homes & Savings Ltd → Adamawa Mortgage Bank Ltd

  • Mautech Microfinance Bank Limited → Modibbo Adama University Microfinance Bank Limited

  • Michika Microfinance Bank Limited → Premier Microfinance Bank Limited

  • Biyama Microfinance Bank Limited → Dabtikir Microfinance Bank Limited

Hawwau Gambo

Head, Communication & Public Affairs