Tuesday, May 6, 2025

NDIC at 30: MD vows to maintain high standard banking regulation

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Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via rayyanalhassan@dailynigerian.com, or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
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The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation, NDIC, Umaru Ibrahim, has vowed to maintain high standard banking regulatory in the country.

Mr Ibrahim made the avowal on Friday at a press conference in Abuja, to mark the 30th anniversary of the corporation.

The MD assured stakeholders in the banking industry in particular, and the economy in general of NDIC’s readiness to sustain the high standard recorded.

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According to him, the NDIC management is ready to raise its bar in line with their core values of honesty, respect and fairness, discipline, professionalism, teamwork and passion.

While reeling out activities lined up to mark the anniversary, Mr Ibrahim said founders of the corporation would be given a special honour for leaving behind, “a legacy of excellence in service and commitment to the stability of the financial system”.

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He added that there would be a special anniversary Juma’at prayers at the National Mosque in Abuja.

“On Saturday, October 19, NDIC staff will come out en masse to promote health and wellness as well as the spirit of healthy competition during the anniversary health walk and Novelty football Match between the corporation and Debt Management Office, DMO staff.

“Special anniversary thanksgiving service will hold on Sunday October 20, at the National Ecumenical Center, Abuja.

“Highlight of the anniversary celebrations will be the NDIC 30th Anniversary Public Lecture/Book Presentation which will be crowned by the anniversary dinner later that same evening on Monday October 21,” he pointed out.

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The managing director also said there would be various commemorative activities in Lagos and all the NDIC zonal offices which include visits to Orphanages and others.

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