• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NDIC Consistently Remits 80% Operating Surplus – Finance Minister

by Mark Itsibor
3 years ago
in Business, News
Minister

Mrs Zainab Ahmed

Share on WhatsAppShare on FacebookShare on XTelegram

Minister of Finance, Budget and National Planning Zainab Ahmed has commended the Nigeria Deposit Insurance Corporation (NDIC) for consistently remitting its 80 per cent operating surplus to the consolidated revenue fund of the government among many other milestones achieved.

 

Advertisement

The minister said NDIC has become an important component of the nation’s financial safety net and at the forefront of activities that promote financial system stability through its contribution to financial inclusion and other economic policies of government.

 

“I urge you to keep this good track record,” the minister said yesterday at the inauguration of NDIC’s executive director, corporate services, Mrs Emily Chidinma Osuji at her office in Abuja.

 

RELATED

Nigeria At 64: ‘Foreign Vessels Coastal Water Domination Collapses Indigenous Shipping’

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

14 minutes ago
CBN Grants RoutePay Licence To Provide Digital Payment Solutions

CBN Imposes $50 Charge On Non-Resident BVN

19 minutes ago

The minister also mandated Osuji and the entire board to liaise with the National Assembly to facilitate the amendment of the NDIC Act 2006, saying the ministry is ready and willing to assist in any direction.
She also said that the management would give a special brief on the issues that arose on the recently amended Banks and Other Financial Act (BOFIA) 2020.
In her response, Osuji promised to be very committed to her job, while appreciating the minister for championing the cause of women.
“Me and my colleagues, we will take NDIC to greater height more than we met it,” Osuji said, with a promise to work harder to ensure the achievement of set goals of the corporation.
Mrs Osuji has spent 34 years as a staff of the NDIC. Until her appointment, she was the director, asset management department of the corporation. She is a seasoned administrator and enterprise risk manager and also has come with relevant cognate experience and knowledge of the workings of this organization.
Earlier, permanent secretary in the ministry of finance Mr Aliyu Ahmed said in view of the delicate functions NDIC performs, government ensures that appropriate persons are assigned to manage its affairs.
He assure her of the ministry’s support towards the continued delivery of her assignment.
Osuji was formally appointed as the executive director, corporate services of NDIC in February, 2022 by President Muhammadu Buhari.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

LCCI To Boost Intra-Africa Trade With Trade Fair

Next Post

Cheque Transactions Fall 12% to N240bn

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

Nigeria At 64: ‘Foreign Vessels Coastal Water Domination Collapses Indigenous Shipping’
Business

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

2025/07/08
CBN Grants RoutePay Licence To Provide Digital Payment Solutions
Business

CBN Imposes $50 Charge On Non-Resident BVN

2025/07/08
Why We Are Investing In Critical Infrastructure – Mbah
Business

Enugu Air Will Be For Traders, Enugu People – Mbah

2025/07/08
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Equities Market Opens Trading Week With N193bn Gain

2025/07/08
Restore Public Confidence In Judiciary, Panelists Tell Next CJN, Kekere-Ekun
Business

Shettima, CJN, Others Task Judges On Swift, Credible Judgements To Strengthen Capital Market

2025/07/08
NIMR Faces Power Outage Over ₦38m Debt
Business

TCN Adds 250MW To National Grid With New Bauchi Substation

2025/07/08
Leadership Conference advertisement

LATEST

2027: Nasarawa APC Stakeholders Back Tinubu, Sule

Ex-Adamawa Gov’s Wife Dumps PDP, Joins ADC

APC Leaders Pass No Confidence Vote On Bauchi Rep

‘Coalition Can’t Stop Tinubu, APC In 2027’

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

CBN Imposes $50 Charge On Non-Resident BVN

Enugu Air Will Be For Traders, Enugu People – Mbah

Equities Market Opens Trading Week With N193bn Gain

Shettima, CJN, Others Task Judges On Swift, Credible Judgements To Strengthen Capital Market

TCN Adds 250MW To National Grid With New Bauchi Substation

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.