Tag Archives: NDIC

NDIC Boss Charges ICAN Member Auditors on Accuracy, Integrity

In order to earn public confidence and respect within the financial services industry, professional auditors who are members of the Institute of Chartered Accountants of Nigeria (ICAN) must uphold the core values of “Accuracy And Integrity” Which Is Also The Motto Of The Institute.

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NDIC MD/CEO Bows Out After Successful Two Terms In Office

The Nigeria Deposit Insurance Corporation (NDIC), hereby informs the general public that effective from the 8thh of December, 2020, Umaru Ibrahim, its Managing Director/Chief Executive, will formally disengage from service having successfully completed two terms spanning ten years

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NDIC Host International Virtual Conference

The Nigeria Deposit Insurance Corporation (NDIC) has taken the front seat in the international finance community to drive public discourse on the impact, risks, challenges and opportunities of Financial Technology (FINTECH) by organising a two-day Virtual International Conference with the theme “Financial System Stability, Fintech and Emerging Risks: Challenge for Bank Supervisors” from Thursday, 22nd to Friday, 23rd October 2020.

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“Clarity In NDIC And CBN Roles In Proposed Amendment Of BOFIA Critical To Effective Regulation Of Banks”–MD NDIC

In a bid to establish effective legal instruments to secure the safety and stability of the nation’s financial system, there is a need to closely examine enacting laws with a view to harmonising the positions of the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) in the NDIC Act 2006 and The Banks and Other Financial Institutions Act (BOFIA) 2004.

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