Nigeria: NDIC laws now stronger to prosecute parties at fault –- MD — Africa Links 24

The Nigeria Deposit Insurance Corporation, NDIC), says its laws are now stronger and more effective to carry out its bank liquidation mandate.

Ths is contained in a statement issued by Hawwau Gambo, NDIC’s Head, Communication and Public Affairs Department, in Abuja on Sunday.

Gambia quoted Thompson Sunday, the Corporation’s Managing Director as saying that NDIC’s powers in liquidation of failed insured institutions had been enhanced with the enactment of the NDIC Act No. 30…