Will the NDIC announce the commencement of payouts to depositors of any of the 46 closed microfinance banks before 25 July 2026?

Outcome: YES

How this forecast is settled

Will the Nigeria Deposit Insurance Corporation announce the commencement of payouts to depositors of any of the 46 closed microfinance banks before 25 July 2026?

Resolution

Yes, the Nigeria Deposit Insurance Corporation (NDIC) officially announced the commencement of payouts to depositors of the 46 closed microfinance banks before July 25, 2026.On Wednesday, July 22, 2026, the Managing Director and Chief Executive of the NDIC, Mr. Thompson Sunday, announced that the corporation had officially begun paying insured deposits to the affected customers.

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