Event Brief
Dec 16, 2025 at 11:08 AM ET
NDIC begins liquidation of Aso Savings, Union Homes
By The BriefBrief
The NDIC has started the liquidation of Aso Savings and Union Homes after their licenses were revoked.
WHO: Nigeria Deposit Insurance Corporation (NDIC)
WHAT: Liquidation of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc
WHEN: Dec 15, 2025 at 7:00 PM ET
WHERE: Nigeria
WHY: The banks lost their operating licenses due to revocation by the Central Bank
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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