NDIC, EFCC to curb financial crimes in banking sector

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Joint efforts are ongoing by the Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) to curb financial crimes in the banking sector of the economy.

Joint efforts are ongoing by the Nigeria Deposit Insurance Corporation and the Economic and Financial Crimes Commission to curb financial crimes in the banking sector of the economy.Joint efforts are ongoing by the Nigeria Deposit Insurance Corporation and the Economic and Financial Crimes Commission to curb financial crimes in the banking sector of the economy.

The ultimate objective, he added, is to protect depositors’ funds and ensure the stability of the financial system. The NDIC chief called for enhanced collaboration in the recovery of depositors’ funds to ensure that liquidation dividends are paid to depositors whose money was lost to bank failures. Joint efforts are ongoing by the Nigeria Deposit Insurance Corporation and the Economic and Financial Crimes Commission to curb financial crimes in the banking sector of the economy.

There are increasing Fintechs adopting Artificial Intelligence technologies for content creation in Nigeria, a report by Africa Fintech Summit has revealed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EFCC, NDIC strengthen ties to promote transparency in banking sectorThe Economic and Financial Crimes Commission, (EFCC) and the Nigeria Deposit Insurance Corporation, (NDIC) have strengthened
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Nigeria seeks joint West Africa regional protection of undersea cables“By ensuring the security of these vital assets, we can attract more investment, spur economic growth, and enhance our competitiveness on the global stage.”
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Submarine cables’ breaches: Nigeria seeks joint West Africa regional protectionThe Nation Newspaper Submarine cables' breaches: Nigeria seeks joint West Africa regional protection
Source: TheNationNews - 🏆 6. / 69 Read more »

Nigeria seeks joint West Africa regional protection of undersea cablesFollowing the recent undersea cable cuts that challenged connectivity in many countries in the West Africa region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure and diversify connectivity to ensure uninterruptible connections.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Tinubu reaffirms commitment to enhancing maritime security in Gulf of GuineaPresident Tinubu also emphasised the need to revitalise the Nigeria-Equatorial Guinea Joint Commission.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

EFCC investigation details multi-billion naira fraud at Nigeria’s Rural Electrification AgencyEFCC probed the alleged fraud indicted Mr Ahmad and other senior officials of stealing or misappropriating about N12.7 billion
Source: PremiumTimesng - 🏆 3. / 78 Read more »