NDIC reiterates commitment to strong deposit insurance funding

The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to continuously strengthening its Deposit Insurance Funds (DIFs) to promote the stability of the financial system. Managing Director Mr. Thompson Oludare Sunday emphasized the importance of these funds in effectively responding to systemic crises without relying on government intervention. He also noted that the NDIC would continue to collaborate with the Budget Office of the Federation to support national economic growth.