Senate Passes Bill To Enhance NDIC Capacity To Safeguard Bank Depositors

ABUJA – The Senate on Tuesday passed the Nigeria Deposit Insurance Corporation’s (NDIC) bill for third and final reading to strengthen the capacity of the corporation to safeguard depositors, ensure the stability of financial institutions, and promote trust in the banking system. The legislation, titled, ‘Nigeria Deposit Insurance Corporation Act No 33 of 2023,’ was [...]

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