Senate approves NDIC Bill to protect depositors, enhance financial stability

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Senate approves NDIC Bill to protect depositors, enhance financial stability

« on: October 30, 2024, 07:02:43 PM »

Senate approves NDIC Bill to protect depositors, enhance financial stability

The Nigerian Senate has passed a bill aimed at reinforcing the Nigeria Deposit Insurance Corporation’s (NDIC) ability to protect bank depositors, fortify the financial sector, and foster public trust in the banking system. The bill, titled the “Nigeria Deposit Insurance Corporation Act No 33 of 2023,” was brought forward by Senator Mukhail Adetokunbo Abiru (Lagos […]
Source: Senate approves NDIC Bill to protect depositors, enhance financial stability

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