BANKING INSURANCE: Senate Passes NDIC Bill To Safeguard Bank Depositors’ Fund
The Senate at plenary passed a bill to strengthen the capacity of the Nigeria Deposit Insurance Corporation (NDIC) to safeguard depositors’ funds and strengthen financial institutions in Nigeria. This followed the adoption of report of the Senate Committee on Banking, Insurance and Other Financial Institutions on the bill titled, “Nigeria Deposit Insurance Corporation Act 2023. […]