May 30, 2025 – The Nigeria Deposit Insurance Corporation (NDIC) has started paying liquidation dividends to depositors, creditors, and shareholders of Pearl Microfinance Bank (in-liquidation). This update affects stakeholders with verified claims and is aimed at easing financial losses linked to the bank’s closure.
Required documents include a recent passport photo, proof of deposit or shareholding such as a passbook or term deposit certificate, and valid ID like a national ID or driver’s license. Alternatively, visit the NDIC claims page to submit documents via email.
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According to NDIC, concerned individuals should visit the nearest NDIC office between May 26 and July 4, 2025.
This development helps strengthen trust in Nigeria’s financial system and supports efforts in financial recovery and banking compensation services.