NDIC introduces deposit insurance system into varsities, colleges

The Nigeria Deposit Insurance Corporation (NDIC) has introduced deposit insurance system (DIS) into the curricula of Nigerian universities and other tertiary institutions. A statement from the NDIC management said the idea is an effort toward enhancing public awareness on its mandate and operational activities. The DIS programme commenced with two courses: “Fundamentals of Deposit Insurance […]

The Nigeria Deposit Insurance Corporation (NDIC) has introduced deposit insurance system (DIS) into the curricula of Nigerian universities and other tertiary institutions. A statement from the NDIC management said the idea is an effort toward enhancing public awareness on its mandate and operational activities.
The DIS programme commenced with two courses: “Fundamentals of Deposit Insurance Scheme” and “The Practice of Deposit Insurance” which were designed for students of Business Administration, Economics, Banking & Finance, and Accounting. “Fundamentals of Deposit Insurance“ was specifically designed for 300 level students while “The Practice of Deposit Insurance” was for 400 level students.  
The introduction of the programme is intended to enhance the knowledge of both under-graduate and post-graduate students of universities and students of the Chartered Institute of Bankers of Nigeria (CIBN).  This will go a long way to enhance the quality of potential staff of banks as well as promote financial literacy and financial inclusion.