A bill aimed at regulating the employment of staff by Nigerian banks has passed second reading at the House of Representatives. The draft legislation, sponsored by Fuad Laguda, an All Progressives Congress (APC) lawmaker representing Surulere I federal constituency in Lagos, seeks to amend the Banks and Other Financial Institutions Act 2020 to “prohibit, criminalise …
The Nigeria Deposit Insurance Corporation (NDIC) and the Chartered Institute of Bankers of Nigeria (CIBN) have strengthened their collaboration to address emerging risks and challenges within Nigeria’s banking sector. This was made known in a press statement made available to Pinnacle Daily and signed by the Head of Communication and Public Affairs, NDIC, Hawwau Gambo, …
