Reps, NDIC seek stronger depositor protection after bank recapitalisation

By Cynthia Alo The Nigeria Deposit Insurance Corporation (NDIC) and the House of Representatives Committee on Insurance and Actuarial Matters have intensified efforts to strengthen Nigeria’s financial safety net following the completion of the banking sector recapitalisation exercise. The move came as more than 60 members of the House Committee met with NDIC officials in…