Senate Confirms Chidinma Osuji As Executive Director Of NDIC

February 16, 2022
by

Nigerian Senate on Wednesday, confirmed the nomination of Mrs. Emily Chidinma Osuji as Executive Director of the Nigerian Deposit Insurance Corporation (NDIC).

According to a statement by the Special Assistant (Press),to President of the Senate, Dr. Ezrel Tabiowo, the confirmation of Osuji as the NDIC Executive Director, followed consideration of the report of the Committee on Banking, Insurance and other Financial Institutions.

Chairman of the Committee, Senator Uba Sani (Kaduna Central), in his presentation, said “the office of the Executive Director (Corporate Services) of the Corporation remains vacant following the end of the tenure of the previous occupant.”

Join our WhatsApp Channel

He however explained that Mrs. Osuji’s nomination by President Muhammadu Buhari was duly in accordance with the provisions of Section 8 of the Nigerian Deposit Insurance Corporation Act, 2006.

According to the lawmaker, “the nominee possesses the academic qualifications, technical knowledge and professional experience to be Executive Director of the NDIC.”

Sani disclosed that the Committee did not receive any petition against her nomination, adding that Osuji was “cleared by the Nigeria Police, Department of State Services (DSS) and possesses the Code of Conduct Acknowledgement slip.”

The nominee was, thereafter, confirmed by the Senate.

Admin
+ posts
Previous Story

Wema Bank Employs 69 Graduates After Its Bankers-in-training Programme

Robots Set To Replace Human Interviewers Soonest
Next Story

Robots Set To Replace Human Interviewers Soonest

Featured Stories

Latest from Business

John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

NGX Market Cap Rises By N1.36trn, Traders Exchange N20.56bn Shares

The market capitalisation of the Nigerian Exchange (NGX) increased by N1.36 trillion to N107.86 trillion on Wednesday, February 4, up from the N106.49 trillion reported on Tuesday, February 3. Also, the all-share index (ASI) appreciated to 168,030.18 ASI, from 165,901.57 ASI, representing a
Stock Market Traders Favoured Ikeja Hotel Over Transcorp Hotels in 2025

Nigerians Spent N81bn On Hotel Rooms In 2025

Over N81.33 billion was spent on hotel rooms in Nigeria in 2025, up from the N58.42 billion expended in 2024, representing a N22.90 billion or 39.20 percent increase, according to Prime Business Africa’s analysis. The amount is based on revenue generated by
Naira Records Marginal Gain As External Reserves Hit $41.27bn In August

Dollar Records Mixed Fortune In Parallel, Official Markets

On Tuesday, February 3, the United States dollar (USD) increased in value to N1,457.91 kobo per $1 in the black market, above the N1,454.99 kobo/$1 recorded on Monday, February 2. The dollar rate increased by N2.92 kobo during trading in the black
The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

IMG, Union Dicon Lift NGX Market Cap By N332.48bn

Over N332.48 billion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Tuesday, February 3, after the all-share index (ASI) appreciated 0.31 percent. The gain was reflected in the market capitalisation, which increased from N106.16 trillion on
Previous Story

Wema Bank Employs 69 Graduates After Its Bankers-in-training Programme

Robots Set To Replace Human Interviewers Soonest
Next Story

Robots Set To Replace Human Interviewers Soonest

Don't Miss

Nigerians To NNPC: Prove That Port Harcourt Refinery Is Working

Nigerians To NNPC: Prove That Port Harcourt Refinery Is Working

Nigerians have called on the Nigeria National Petroleum Company Limited
PFIZER

The New Pfizer Antiviral Pill: Should We Pop The Champagne?

LAST Friday 5 November 2021, the drug giant, Pfizer, announced