46 NDIC staff graduate as CB-MBA holders

Forty-six staff of the Nigeria Deposit Insurance Corporation (NDIC) have graduated from the Chartered Banker/Master in Business Administration (CB/MBA) programme at Bangor University, Scotland.

The graduates have also earned themselves triple qualifications of MBA, Bangor University; Associate, Chartered Institute of Bankers, Scotland the oldest professional banking institute in the world and Associate, The Chartered Institute of Bankers of Nigeria (ACIB).

While speaking at the CIBN Graduates’ Induction and Prize Award Day in Lagos, the NDIC Managing Director/ Chief Executive, Alh. Umaru Ibrahim, said the corporation sponsored some of its staff on the CB/MBA programme to upscale their skills in the lower/middle managerial cadre.

Alh. Ibrahim also noted that the current economic situation which most developing countries, including Nigeria were facing, underscored the need to pay greater attention to issues such as financial literacy, consumer protection, sustainability and innovative financial services solutions.

He gave instances such as mobile money, agency banking, virtual currency, which must be harnessed and integrated into the nation’s financial services industry to enhance the role of banking system towards economic growth and development.