Lagos, April 25, 2023 – The Nigeria Deposit Insurance corporation (NDIC) has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of their insured sums in line with its mandate of deposit guaranty and reimbursement of depositors in the event of bank failure. A press statement signed by its Director of Communication and Public Affairs, Bashir Nuhu, said the verification exercise would enable depositors of the defunct bank to cross-check and ascertain their account information as well as balances with the bank as at closure. The statement …









