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Oriental News Nigeria
Home»Banking & Finance»Money Market»NDIC Fosters Closer Relationship With NUC To Boost Insurance Education
Money Market

NDIC Fosters Closer Relationship With NUC To Boost Insurance Education

By orientalnewsngOctober 10, 2016No Comments2 Mins Read
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Yemisi Izuora
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The Nigeria Deposit Insurance Corporation (NDIC) is building stronger partnership with the Nigeria University Commission, NUC to accelerate and widen Deposit Insurance Scheme (DIS) course to other higher institutions of learning.

NDIC’s Director of Administration, Mrs Christiana Efabor, who gave the information said that the Corporation is working closely with NUC to foster better understanding of the Corporation’s mandate to students and the general public.

According to her, The introduction of the course is aimed at enhancing undergraduates’ knowledge of deposit insurance practices and the importance of NDIC’s role in the banking system.

Speaking further, Efabor said, “Our collaboration with NUC is all about education, capacity building, and literacy.

We want people to know about what we do and because of that, we have started a curriculum with the universities on Deposit Insurance Scheme

We have been able to graduate a set at the Ahmadu Bello University (ABU), Zaria, and the program is on at the University of Benin, University of Nigeria, Nsukka, and the University of Lagos”.

Other universities undergoing the program are Obafemi Awolowo University, Ile-Ife; Bayero University, Kano; and the University of Ibadan, she disclosed adding that the agency is poised to extend the program to other universities.

Three 300 levels students of the Ahmadu Bello University who emerged top of the class in the Fundamentals of Deposit Insurance course were given cash awards by NDIC.

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