Senate Committee Urges NDIC to Strengthen Internal Controls, Prioritise Risks Detection in Banking Sector

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•Uwaleke seeks amendment of NDIC Act to modernise deposit protection frameworks


James Emejo in Abuja


Senate Committee on Banking, Insurance and Other Financial Institutions, yesterday, tasked the newly appointed leadership of Nigeria Deposit Insurance Corporation (NDIC) to prioritise early detection of risks to safeguard depositors’ funds in the banking system.

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