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, Prof Pius Olanrewaju, visited the Managing Director of the Corporation in Abuja.
The Corporation listed some emerging challenges in the sector to include digital banking, cyber- security, fraud, forgery prevention, and sound risk management.
The Commission said the visit was aimed at consolidating the collaboration between the two bodies toward strengthening the safety and stability of the banking system
NDIC, CIBN collaborate to tackle emerging risks in financial sector
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