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NDIC Announces Compensation Details For Heritage Bank Customers After License Revocation
NDIC Announces Compensation Details For Heritage Bank Customers After License Revocation....KINDLY READ THE FULL STORY HERE▶
Following the revocation of Heritage Bank’s operating license by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation (NDIC) has detailed how customers will be compensated. NDIC Director of Communication and Public Affairs, Bashir Nuhu, released a statement outlining the process……CONTINUE READING
Payment of Insured Deposits
Depositors with alternate bank accounts in the industry will receive up to ₦5 million per depositor. This will be facilitated using their Bank Verification Number (BVN) to locate their alternate accounts. Depositors with funds exceeding ₦5 million will receive liquidation dividends once the bank’s assets are sold and debts are recovered.
Process for Depositors Without Alternate Bank Accounts
Depositors without alternate bank accounts must visit the nearest Heritage Bank branch with proof of account ownership and a verifiable means of identification (driver’s license, permanent voter’s card, National Identity Card). They can also file an online claim on the NDIC website by filling out and uploading the required documentation.
Creditors’ Claims
Creditors of Heritage Bank are advised to file their claims either by visiting the nearest branch or through the online platform. The payment process for creditors will begin after all depositors have been compensated.
Loan Repayment by Debtors
Debtors who have not completed their loan repayments should contact the NDIC’s Asset Management Department (AMD) for further instructions.
Assurance to the Public
The NDIC reassured the public of the safety of their deposits in all licensed banks, emphasizing that banks whose licenses have not been revoked remain secure.
Official Statement
“Following the revocation of the banking license of Heritage Bank Plc by the Central Bank of Nigeria (CBN) today, June 3, 2024, and the appointment of the Nigeria Deposit Insurance Corporation (NDIC) as the Liquidator, the Corporation wishes to announce to depositors of the bank in particular and the banking public in general, as follows:
The NDIC has commenced the liquidation process of Heritage Bank Plc. Depositors of the bank with alternate accounts within the industry will be paid up to the insured amount of ₦5 million per depositor using their BVN to locate their alternate account. Depositors with funds in excess of ₦5 million will be paid liquidation dividends upon the realization of the bank’s assets and recovery of debts owed to the bank.
Depositors without alternate bank accounts should visit the nearest branch of the bank with proof of account ownership, verifiable means of identification, their alternate account, and BVN for verification of their deposits and subsequent payment of insured sums. Alternatively, they can file online claims on the NDIC website.
Creditors should file their claims at the nearest bank branch or via the online platform. The process of payment of creditors will begin after all depositors have been paid.
Debtors who have not completed loan repayments are advised to contact the Corporation’s Asset Management Department. The NDIC assures the entire banking public of its commitment to the continued safety of depositors’ funds in all licensed banks. Banks whose licenses have not been revoked remain safe and sound.”
For further inquiries, depositors are encouraged to contact the NDIC directly.
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The Ultimate Showdown: Messi Eyes Ronaldo’s Coveted World Cup Record As Argentina Prepares For Final Clash!.
On Sunday, July 19, 2026, Lionel Messi will lead Argentina against Spain in the FIFA World Cup final, with the opportunity to match a unique record currently held only by Brazilian legend Ronaldo Nazário. Should the defending champions emerge victorious, Messi would become the second player in history—alongside Ronaldo—to have won at least two FIFA World Cup titles and two Ballon d’Or awards.....KINDLY READ THE FULL STORY HERE▶
Ronaldo Nazário remains the only player to have achieved this specific combination of accolades, having secured World Cup titles in 1994 and 2002, alongside Ballon d’Or wins in 1997 and 2002. While Messi already holds the record for the most Ballon d’Or honors with eight wins, he currently has only one World Cup title, earned during Argentina’s 2022 victory in Qatar. Consequently, this Sunday’s final presents the 39-year-old with a chance to add another significant milestone to his career.
A Rare Achievement
Many of football’s greatest stars have been unable to replicate this feat:
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German icons Franz Beckenbauer and Lothar Matthäus both won the World Cup as players but never managed to win the tournament twice.
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While legends like Pelé and Garrincha won multiple World Cups, they were ineligible for the Ballon d’Or for most of their careers, as the award was restricted to European players until 1995.
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The subsequent change in eligibility rules eventually allowed players from all nations to compete for the Ballon d’Or, facilitating the historic collections built by both Ronaldo and Messi.
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The Salah Saga Continues: Agent Closes Door On Massive Besiktas Switch?.
Ramy Abbas Issa, the agent for former Liverpool star Mohamed Salah, has officially debunked rumors suggesting the Egyptian forward is set to join the Turkish club Besiktas. Addressing the intense speculation that surfaced on Friday—which claimed the 33-year-old had already reached an agreement to join the Istanbul side—Abbas Issa stated that no decision regarding Salah’s future has been finalized.....KINDLY READ THE FULL STORY HERE▶
Abbas Issa emphasized that the reports linking Salah to Besiktas are unfounded and urged fans to disregard the rumors. In a post on , the agent clarified his own lack of information regarding the forward’s next destination, writing, “I personally do not know where Mohamed will play next season. What does that tell you?”.
Furthermore, the agent dismissed the idea that Salah’s camp would engage in talks with clubs that do not match the player’s ambitions purely for media attention. “It is not our style to have discussions with clubs that Mohamed wouldn’t want to play for, just for the sake of noise,” he added.
Salah’s Status and Recent Career
Following the expiration of his contract at Anfield, Salah is currently one of the most prominent free agents in world football. His time at Liverpool was highly decorated, featuring victories in the Premier League, UEFA Champions League, FA Cup, League Cup, FIFA Club World Cup, and UEFA Super Cup. While his next career move remains a subject of intense speculation among clubs in Europe and the Middle East, Salah recently concluded his participation in the 2026 FIFA World Cup, where he captained Egypt until their elimination by Argentina.
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‘Having 11 Children Won’t Be A Bad Thing’ – Nana Otedola Tells Mr Eazi And His Wife, Temi.
Nana Otedola, wife of Nigerian billionaire Femi Otedola, has expressed her support for Mr Eazi and his wife, Temi, to have eleven children. During a joint podcast appearance, Nana remarked that the couple would be well-equipped to raise such a large family as they continue to progress in their careers.....KINDLY READ THE FULL STORY HERE▶
The topic of family size arose when Nana asked her daughter, Temi, about her experience with her first pregnancy.
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Temi described the journey as “beautiful,” noting that while managing emotions and hormones can be challenging, her overall experience has been positive.
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Temi suggested she might have six or seven children due to her smooth pregnancy.
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Mr Eazi encouraged her to aim for eleven, comparing the number to a full football team.
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Supporting this vision, Nana Otedola joked that having eleven children would not be a bad idea, adding, “I know you will have a farmhouse somewhere”.
A Surprising Announcement
Nana also shared that she was initially caught off guard by the news of the couple’s first pregnancy. She explained that she had anticipated the pair would take more time to enjoy their marriage before starting a family.
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