• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 4, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NDIC, others explore timely intervention in resolving bank failures

NDIC

The Matters Press by The Matters Press
October 2, 2022
Reading Time: 1 min read
0
NDIC gives hope to customers of Fortis Bank

The Nigeria Deposit Insurance Corporation (NDIC), and other Africa Deposit Insurance agencies will explore the role of deposit insurance in early detection and timely intervention in resolving bank failures.

RELATED POSTS

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

A statement by Mr Bashir Nuhu, the Director, Communication and Public Affairs Department of NDIC, said on Sunday in Abuja, that the move would be at the forthcoming regional workshop.

Nuhu said the event, scheduled to hold between Oct. 4 and Oct. 7, was a Technical Assistance Workshop (TAW) under the auspices of the African Regional Committee (ARC) of the International Association of Deposit Insurers (IADI).

He said the workshop tagged: ‘Normality in Turbulent Periods: The Stabilising Role of Deposit Insurance”, would also explore management and strengthening of operational resilience of deposit insurance agencies.

According to Nuhu, deposit insurance organisations from more than 15 African countries including Angola, Botswana, Burundi,Ghana, Kenya, Senegal, Somalia, Sudan, Tanzania, Uganda and Zimbabwe are expected to attend.

The director said that representatives of deposit insurance agencies from Chinese Taipei, Indonesia, USA, the Financial Stability Institute (FSI) and the IADI Secretariat in Basel, Switzerland are expected as resource persons.

He said the workshop would take place against the backdrop of the 20th Anniversary of IADI, established in May 2002 with the aim of sharing deposit insurance expertise with the world.

”As a deposit insurer and member of the financial safety net in Nigeria, NDIC is a founding member of IADI, pioneer member of its executive council and founding chairperson of the Africa Regional Committee (ARC).

”The hosting of the IADI-ARC TAW by the NDIC is a recognition of the Corporation’s international standing and significant achievements.

”It is also in recognition of the Corporation’s expertise in the implementation of the Deposit Insurance System in Africa.

Tags: NDIC
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Next Post
Experts seek implementation of economic development plans

Industrial hubs critical in growing Nigeria’s economy — FIRS

Zungeru Hydropower project to engage skilled professionals

Review power sector privatisation, experts suggest

Recommended Stories

Vulnerable Nigerian farmers to get $1m grant

Otu unveils N30bn commercial agric development fund

December 24, 2023
Increasing food production excites Uganda

Farmers appeal for re-introduction of enhancement scheme

May 13, 2023
NACCIMA tasks Nigeria on urgent actions to avoid recession

NACCIMA wants collaboration on ease of doing business

April 28, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen
  • Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF
  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us