Senate Passes NDIC Bill To Protect Bank Depositors, Stabilise Financial Institutions …C0NTINUE READING HERE >>>
The Senate has approved the final reading of a bill aimed at enhancing the Nigeria Deposit Insurance Corporation’s (NDIC) ability to protect depositors, ensure the stability of financial institutions, and foster trust in the banking system.
The legislation, known as the “Nigeria Deposit Insurance Corporation Act No 33 of 2023,” was spearheaded by Senator Mukhail Adetokunbo Abiru of Lagos East, alongside all members of the Senate Committee on Banking, Insurance, and Other…
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