NDIC, EFCC to curb financial crimes in banking sector

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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.

 

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