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NIGERIA DEPOSIT INSURANCE CORPORATION-AUCTION SALE OF ASSETS OF CLOSED MICRO FINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID

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NIGERIA DEPOSIT INSURANCE CORPORATION
PLOT 447/448 CONSTITUTION AVENUE, CENTRAL BUSINESS DISTRICT, ABUJA
E-mail: info@ndic.gov.ng, Website: www.ndic.gov.ng
SALE OF ASSETS OF CLOSED MICRO FINANCE BANKS BY PUBLIC AUCTION AND PUBLIC COMPETITIVE BID

The Nigeria Deposit Insurance Corporation (NDIC), in exercise of its right as Liquidator of failed Microfinance banks (MFBs), hereby invites interested members of the general public to buy the assets (furniture, fixture, fittings, equipment, generators, motor vehicles etc) of the under listed defunct MFBs by PUBLIC COMPETITIVE BIDDING/AUCTION and sealed Bids for Motor Vehicles and Generators:

S/NO BANK BANK ADDRESS STATE APPOINTED AUCTIONEERS DATE OF AUCTION NDIC CONTACT PERSON
1 AKWENGWU MICROFINANCE BANK IDANUHA QUARTERS, BEHIND OLD POLICE STATION, OGAMINANA, OKENNE KOGI J. I. Ajileye & Co. 08033114150 24/02/26 – 27/02/26 BEU (ABUJA), Plot 447/448, Constitution Avenue, Central Business District, Abuja. 08038218798
2 BIBAJINRE MICROFINANCE BANK BIDA-ABUJA ROAD, BADegGI, KACHA LOCAL GOVT NIGER M. B. Nuhu & Company. 08037250279 24/02/26 – 27/02/26 Ditto
3 FCT MICROFINANCE BANK CENTER FOR ARTS AND CULTURE AREA 10, GARKI ABUJA Oko Oroma Ventures Ltd. 07032682 583 24/02/26 – 27/02/26 Ditto
4 KOGI MICROFINANCE BANK ADANKOLO AREA, OPPOSITE KOGI TRANSMISSION STATION, OKENE-KABA ROAD, LOKOJA KOGI Ekundayo Ayodele & Partners. 08033770713 24/02/26 – 27/02/26 Ditto
5 FADAMA FARMERS MICROFINANCE BANK C/O PLATEAU AGRICULTURAL DEV. PROJECT, FADAMA, 111, PROJECT OFFICE, DOGON DUTSE, JOS PLATEAU Phil Nwachukwu & Associates .08034521261 & 08037021106 24/02/26 – 27/02/26 BAUCHI ZONAL OFFICE, No 3, Abdulkadir Ahmed Road, Bauchi. 08034664736
6 AGULERI MICROFINANCE BANK 16, IRENSEO STREET, AMAEZE, AGULERI ANAMBRA Chief J.C.I Ogbuagu & Co 08033368 554 24/02/26 – 27/02/26 ENUGU ZONAL OFFICE, No 10, Our — Enugu. 08035769858
7 DOMINION MICROFINANCE BANK EKE IHEMBOSI EKWUSIGO LGA ANAMBRA Nonye Ezeagu & Associates. 08068405002 24/02/26 – 27/02/26 Ditto
8 IFEANYICHUK WU MICROFINANCE BANK 78, OLD OKIGWE ROAD, NA QUARTERS, AGWU ENUGU Mechetex International Ltd. 08033486 551 24/02/26 – 27/02/26 Ditto
9 OGBE-AHIARA MICROFINANCE BANK ONUGOT-HSE, AFOR OGBE MARKET, OGBE AHIARA, AHIAZU MBAISE IMO Stan Okeahialam & Co. 08037960430 24/02/26 – 27/02/26 Ditto
10 UTUH MICROFINANCE BANK OYE MARKET SQUARE, UTUH, NNEWI SOUTH LGA ANAMBRA Victoria Chidi Akim & Associates. 08068910670 24/02/26 – 27/02/26 Ditto
11 ACTIVE POINT MICROFINANCE BANK 150, ORON ROAD UYO AKWA IBOM Obot Akpan & Co. 08023252 472 24/02/26 – 27/02/26 PORT HAR COURT ZONAL OFFICE. No. 104, Wojii Road, off Olu Obasanjo Road, GRA, Port Harcourt, Rivers State. 08023202134
12 CALABAR MICROFINANCE BANK 72 EGERTON STREET CALABAR CROSS RIVER Okonuga Nig. Ltd. 08028512633 & 08161399124 24/02/26 – 27/02/26 Ditto
13 COSMOPOLIT AN MICROFINANCE BANK (CHARIS PLAZA) 141, OLU OBASANJO ROAD, PORT-HARCOURT RIVERS MN&M Consult. 08064669704 24/02/26 – 27/02/26 Ditto
14 IC-GLOBAL MICROFINANCE BANK 312, EFFURUN/SAPEL E ROAD, EFFURUN-WARRI DELTA Humphrey Igberase & Co. 08064455503 24/02/26 – 27/02/26 BENIN ZONAL OFFICE No. 28A & B, Benoni Road, Off Airport Road, GRA, Benin City, Edo State. 08035727023
15 IYEDE MICROFINANCE BANK TOWN HALL SQUARE, OTOR-IYEDE, ISOKO NORTH LGA DELTA Joe Eziasli & Co. 08037204627 24/02/26 – 27/02/26 Ditto
16 SMARTMICRO FINANCE BANK 164, SAPELE ROAD, BENIN CITY EDO Silva Alele & Associates. 08037438529 24/02/26 – 27/02/26 Ditto
17 IFESOWAPO MICROFINANCE BANK SAKI ROAD, IDI-EMI, SEPETERI EAST LGA OYO Seun Adeyemi & Co. 08033599944 24/02/26 – 27/02/26 NDIC (ASSET MANAGEMENT DEPARTMENT) Garba, 08062616662. John, 08029997846. Aliyu, 08062657895
18 KJL MICROFINANCE BANK AMAZING GRACE PLAZA, ALEKUWODO, OKEFIA, OSOGBO OSUN Rapheal Omotola & Co. 08061691998 24/02/26 – 27/02/26 Ditto
19 RESORT SAVINGS & LOANS 12, BOYLE STREET, ONIKAN LAGOS LAGOS Olasunkanmi Enterprises 08023038692 24/02/26 – 27/02/26 Ditto

AUCTION PROCESS
The Public Auction for the furniture, fixtures, fittings & equipment will take place from 24ᵗʰ to 27ᵗʰ February, 2026.

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d) Evidence of current Industrial Training Fund (ITF) compliance certificate valid till 31st December 2026;
e) Evidence of current Nigerian Social Insurance Trust Fund (NSITF) compliance certificate valid till 31st December 2026;
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The Director General
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c. Evidence of Pension Clearance Certificate valid till 31st December, 2025 (this requirement is only applicable to bidders whose number of staff is 15 and above);
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f. Evidence of Company’s registration on the National Database of Federal Contractors, Consultants and Service Providers by submission of Interim Registration Report (IRR) expiring 31/12/2025 or valid Certificate issued by the Bureau of Public Procurement. (BPP).
g. Current Sworn Affidavit:
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– The Company is not in receivership, subject of any form of insolvency or bankruptcy proceedings or the subject of any form of winding up petition or proceedings.
– The Company does not have any director who has been convicted by any court in Nigeria and any other country for criminal offences in relation to fraud or financial impropriety or criminal misrepresentation or falsification of facts relating to any matter.
– That all information presented in the documents are true and correct in all particulars.
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(ii) Evidence of having at least one (1) COREN Registered Mechanical Engineer with practicing license valid for 2026 (copy of COREN Certificate and Current practicing licence of the personnel must be attached).
(iii) Evidence of having at least one (1) COREN Registered Electrical Engineer with practicing license valid for 2026 (copy of COREN Certificate and Current practicing licence of the personnel must be attached).
(iv) Evidence of having at least one (1) QSRBN Registered Quantity Surveyor with practicing license valid for 2026 (copy of QSRBN Certificate and Current practicing licence of the personnel must be attached).

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