NOTICE TO DEPOSITORS OF FIVE (5) BANKS (IN-LIQUIDATION) OF THE INTENTION TO DECLARE DIVIDEND

The Nigeria Deposit Insurance Corporation (NDIC), the official Liquidator of the closed banks mentioned below, has concluded arrangements to pay liquidation dividends to eligible depositors of the banks from Monday, 3^rd September, 2018. Accordingly, all persons listed as Depositors in the records of the following banks (in-liquidation) who are eligible for liquidation dividend should file their proof of claim with the Liquidator, as NOTICE is hereby given that liquidation dividends are intended to be declared for eligible depositors as follows:

S/N	BANK IN LIQUIDATION	NO. OF DIVIDEND	RATE PER OUTSTANDING AMOUNT (N)
1	Assurance Bank	First (1^st)	32 kobo per Naira
2	Lagoon Homes Savings & Loans	First (1^st)	4 kobo per Naira
3	Mortgage PHB	First (1^st)	58 kobo per Naira
4	Progress Bank	Fifth (5^th)	100kobo per Naira
5	Commerce Bank	Seventh (7^th)	100 kobo per Naira

For further clarification or any assistance, eligible depositors should contact the representatives of Director, Claims Resolution Department in any of the under listed centres/Zonal Offices:

S/N	OFFICE	ADDRESS	TELEPHONE NO.
1	Lagos Office	NDIC, NECOM House (10^th Floor), 15 Marina, Lagos	0816656999509072412332
2	Enugu Zonal Office	No. 10, Our Lord’s Street, Independence Layout, Enugu	042-290899
3	Benin	28A/28B, Benoni Hospital Road, Off Airport Road, GRA, Benin City, Edo State	0815099957708150999588081509995990815099960008150999535
4	Kano	Plot 458, Muhammad Muhammad Street, Off Maiduguri Road, Hotoro, GRA, Kano	0809775613009092748222
5	Ilorin	No.12A, Sulu Gambari Road, Ilorin	08023123185
6	Bauchi	Plot No. 3, Bank Road, P.M.B. 0207, Bauchi	07058511220
7	Sokoto	No. 2, Gusau Road, Opp. NNPC Mega Station, Sokoto	08033155162
8	Yola	No. 6, Numan Road, P.M.B. 2227, Jimeta, Yola, Adamawa State	080679105990806841806908067923383
9	Port Harcourt	No. 104, Woji Road, Off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State	0909072673709029150752
10	Head Office Abuja	Head, Bank Examination Unit (BEU), NDIC, Abuja, 447/448, Constitution Avenue, Central Business District, Garki, Abuja	09-460126009-4601261

Liquidation dividends will continue to be declared to depositors who are yet to be paid their full deposits, as and when assets of the closed banks are realized by the Corporation.

SIGNED:
MANAGEMENT