✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live
SPONSOR AD

NDIC commences liquidation of Heritage Bank’s assets

The Nigeria Deposit Insurance Corporation (NDIC), on Thursday, in an advertorial in a newspaper publication, listed Heritage Bank’s assets nationwide for sale following the revocation…

The Nigeria Deposit Insurance Corporation (NDIC), on Thursday, in an advertorial in a newspaper publication, listed Heritage Bank’s assets nationwide for sale following the revocation of the licence of the bank by the Central Bank of Nigeria (CBN).

The NDIC, which is the liquidator of failed Deposit Money Banks (DMBs), announced the sales of 48 bank properties and chattel, including vehicles, office equipment and machinery in 62 locations across the country.

According to NDIC, interested parties and public competitive bidders are invited to come for an inspection of the assets and submit their bids at the corporation’s office in Lagos. The bids must include 10 per cent of the bid amount in a certified bank draft, and successful bidders must pay the remaining balance within two weeks of notification. 

The head office of the bank and its annex at 143 Ahmadu Bello Way and 130 Ahmadu Bello Way, Victoria Island, Lagos, respectively were listed for sale, including buildings, chattels, generators and vehicles. Others include six other branches in Lagos, four branches in Abuja, four in Rivers State and more across the country.

 

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

UPDATE: Nigerians in Nigeria and those in diaspora can now be paid in US Dollars. Premium domains can earn you as much as $17,000 (₦27 million).


Click here to start earning.