NDIC Announces Liquidation Process for Aso Savings and Loans Plc and Union Homes Savings and Loans Plc
The Nigeria Deposit Insurance Corporation (NDIC) has formally commenced the liquidation process for Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, following the revocation of their licenses by the Central Bank of Nigeria (CBN) on December 15, 2025. This decision aligns with the provisions outlined in the Banks and Other Financial…