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Event Brief

NDIC terminates Ikoyi property sale to Senator Bunza

NDIC states no binding agreement exists with Senator Bunza for Ikoyi property, citing termination due to revised terms refusal.
WHO: Nigerian Deposit Insurance Corporation, Senator Farouk Bello Bunza
WHAT: Termination of property sale agreement
WHEN: Dec 16, 2025 at 7:00 PM ET
WHERE: Ikoyi, Nigeria
WHY: Senator Bunza refused to accept revised terms
Sources (1): The Guardian Nigeria

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