The Nigeria Deposit Insurance Corporation (NDIC) has announced that it’s in the process of closing 42 Microfinance Banks.
As disclosed on the official website of NDIC, the process started on November 12, 2020 with the Central Bank of Nigeria revoking the operating licenses of the Microfinance Banks.
In order to complete the process of closing the banks, NDIC is inviting insured depositors, creditors and shareholders of the banks to visit the address of the banks to collect their claims.
Depositors are directed to meet NDIC officials at the bank’s address from Monday, December 21 2020 to Thursday, December 24, 2020 to verify their claims.
See list of the banks and addresses below:
1 HEDGEWORTH MFB – GUOBA PLAZA SUITE B06, – 171, A.E. EKUKINAM STREET, BY CHISCO, UTAKO, ABUJA
2 FUTURE GROWTH MFB – REAL TOWER PLAZA, PLOT 1121 OBAFEMI AWOLOWO WAY, UTAKO, ABUJA
3 BAGWAI MFB – BAGWAI-SHANONO ROAD, BAGWAI LGA, KANO
4 ERE CITY MFB – ERE-IJESHA/IIIAHUN ROAD, ERE-IJESHA, ORIADE LGA, OSUN
5 CAFON MFB – GARKI POLICE BARRACKS, GARKII, FCT, ABUJA
6 AKCOFED MFB – EKIT ITAM II (BESIDE WATER BOARD), P. O. BOX 2048, UYO, AKWA-IBOM STATE
7 GUFAX MFB – N0. 3 UDOTUNG UBO STREET UYO, AKWA IBOM STATE
8 PARTNERSHIP MFB – 107 UPPER IWEKA ROAD, ONITSHA, ANAMBRA STATE
9 ICB MFB – IIIAH-ASABA ROAD, OSHIMILI NORTH LGA, IIIAH, DELTA STATE
10 ONIMA MFB – NIPOST BUILDING, EKEOCHA ONICHA, EZINIHITTE MBAISE LGA, IMO STATE
11 HOMETRUST (NATIONS) MFB – 76, ORLU ROAD, NKWERE, IMO STATE
12 RINGIM MFB – OPP. RINGIM CENTRAL MARKET, RINGIM, JIGAWA STATE
13 BIGTHANA MFB – 6, ALI AKILU ROAD, KADUNA
14 ROGO MFB – ROGO TOWN, ROGO LGA, KANO STATE
15 MAKODA MFB – NO 15, KOGUNA TOWN, MAKODA LGA, KANO
16 TAKAI MFB – TAKAI TOWN, TAKAI LGA, KANO STATE
17 BEBEJI MFB – NO. 10 GIDAN IYAN, BEBEJI TOWN, BEBEJI L.G.A., KANO STATE
18 AJINGI MFB – NO. 10 HAKIMI STREET, AJINGI TOWN, AJINGI LGA, KANO STATE
19 GARKO MFB – 3, GARKO TOWN, KANO
20 KANGIWA MFB – KANGIWA TOWN, KANGIWA LGA, KEBBI STATE
21 AUGIE MFB – AUGIE TOWN, AUGIE LGA, KEBBI STATE
22 MOPA MFB – BAMIDELE DANIYAN HOUSE, KABBA-ILORIN ROAD, MOPA, KOGI-STATE
23 SOLID BASE MFB – EKIRIN ADDE, IJUMU LGA, KOGI STATE
24 ULTIMATE BENEFIT MFB – 150C, OKENE KABBA ROAD, LOKOJA, KOGI
25 OVIDI MFB – NO. 1, ATTA ROAD, OKENE, KOGI STATE
26 KIRFI MFB – TOWN, KIRFI LGA, BAUCHI
27 CREDIT EXPRESS MFB – 27, KAKAWA STREET, LAGOS
28 KING SOLOMON MFB – GOD BLESS NIGERIA HOUSE, 117/119, WETSERN AVENUE, IPONRI, LAGOS
29 RIGGS MFB – PLOT 5, IMAN ABIB ADETORO STREET, OFF AJOSE ADEOGUN STREET, V.I., LAGOS
30 BILLIONAIRE BLUE BRICKS MFB – APERIN HOUSE (2ND FLOOR) BLOCK I, PLOT 27, BUDO LAYOUT AJIWE, LEKKI EPE EXPRESSWAY, AJAH, LAGOS STATE
31 SUSU MFB – 34, COMMERCIAL AVENUE SABO, YABA, LAGOS
32 WEALTHSTREAM MFB – AQUARIUS BLOCK, ELEGANZA PLAZA, GROUND FLOOR, LEFT WING 1 COMMERCIAL ROAD, APAPA, LAGOS
33 AGUDA TITUN MFB – 21, SHONOLA STREET, AGUDA TITUN, OGBA, LAGOS
34 SAPPHIRE MFB – 111, ABAK ROAD, UYO, AKWA IBOM STATE
35 METRO MFB – 15, OTUNUBI STREET, OFF HARUNA, OGBA, IKEJA, LAGOS
36 MOUNTAIN TOP MFB – PROGRESS BLOCK, SHOP A102, AFRICAN TYRE VILLAGE, OPP. APT TRADE FAIR COMPLEX, LAGOS/BADAGRY EXPRESS WAY, LAGOS
37 UNYOGBA MFB – 1, ALOMA ROAD, OPP. MKT. SQ., EJULE, OFU LGA, KOGI STATE
38 WAPO MFB – OKENE-LOKOJA ROAD, NAGAZI, ADAVI LGA, OKENE, KOGI STATE
39 IBOGUN MFB – IBOGUN EGBEDA, IFO LGA, OGUN STATE
40 KOREDE MFB – NO. 3, LUWOYE STREET, IGBOTAKO, ONDO STATE
41 AHETOU MFB – 26, EREMA ROAD, BYEPASS, AKABUKA, OGBA/EGBEMA/NDONI LGA, RIVERS STATE
42 FUFORE MFB – NO. 25 GURIN ROAD, FUFORE LGA, ADAMAWA, YOLA STATE