NDIC, CBN Battle Safety Issues In Nigeria’s Fintech Environment
The Nigeria Deposit Insurance Corporation (NDIC) yesterday said it will adopt financial technology (fintech) solutions and tools to modernize its data collection and analysis processes amidst emerging safety issues surrounding application of technology in the nation’s...
BOFIA Amendment:CBN, NDIC Clash Over Authority To Manage Distressed Banks
The Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) are on collision course over authority to manage distressed banks in the country.
This followed the divergent positions of the two regulators at...