NDIC Blames Debtors for Delayed Bank Payouts
The Nigeria Deposit Insurance Corporation accused delinquent borrowers of undermining efforts to pay back victims of collapsed banks on 9 November 2026. Speaking at a public relations workshop in Abuja, Director of Asset Management Ogungbemi Theophilus revealed that major debtors actively hide physical assets, dodge court summons, and intimidate recovery officers. Deliberate evasion ruins financial…