NDIC, CIBN collaborate to tackle emerging risks in financial sector
The Nigeria Deposit Insurance Corporation (NDIC) and the Chartered Institute of Bankers of Nigeria (CIBN) have committed to working together to address emerging risks and challenges in the banking sector.
The NDIC, on its official X, said the commitment was made when the president of CIBN, Pius Olanrewaju, visited the managing director of the corporation in Abuja.
The corporation listed some emerging challenges in the sector, including digital banking, cybersecurity, fraud, forgery prevention, and sound risk management.
The commission stated that the visit aimed to consolidate the collaboration between the two bodies to strengthen the safety and stability of the banking system.
(NAN)
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