• About us
  • Advertise with us
  • Privacy Policy
  • Contact us
Wednesday, September 17, 2025
  • Login
Envision Nigeria
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

    Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

    Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

    Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

    OAGF tasks stakeholders on fact-checking before public comments

    OAGF tasks stakeholders on fact-checking before public comments

    China’s Economic Slowdown Deepens, Official Data Show

    China’s Economic Slowdown Deepens, Official Data Show

    NDLEA destroys 18,000kg of cannabis in Edo, nabs 4 suspects

    NDLEA destroys 18,000kg of cannabis in Edo, nabs 4 suspects

    N138m fraud rocks ASUU in Unical

    N138m fraud rocks ASUU in Unical

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    AFN breaks silence on Tobi Amusan’s ‘Nylon Bag Kits’

    AFN breaks silence on Tobi Amusan’s ‘Nylon Bag Kits’

    Tokyo 2025: Nigeria off to flying start in as Ajayi, Okon make 100m semifinals

    Tokyo 2025: Nigeria off to flying start in as Ajayi, Okon make 100m semifinals

    U20 World Cup:Flying Eagles to test World Cup readiness with Chile friendly

    U20 World Cup:Flying Eagles to test World Cup readiness with Chile friendly

    GB back in Davis Cup, set eyes on the 2026 title

    GB back in Davis Cup, set eyes on the 2026 title

    Iheanacho expresses excitement with Celtic move, reuniting with Schmeichel, Rodgers

    Iheanacho expresses excitement with Celtic move, reuniting with Schmeichel, Rodgers

    Ademola Lookman: Premier League top side ready ₦40 billion January bid

    Ademola Lookman: Premier League top side ready ₦40 billion January bid

  • World News
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    FG unveils genomic strategy, prepares for AMR 2026

    FG unveils genomic strategy, prepares for AMR 2026

    How malaria affects human development

    How malaria affects human development

    Steps towards a successful career in events planning without breaking the bank

    Steps towards a successful career in events planning without breaking the bank

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    Benefits of gloves, spiritually 

    Benefits of gloves, spiritually 

    What age difference is ideal between husband and wife?

    What age difference is ideal between husband and wife?

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    The Last Guardian Playstation 4 Game review

No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

    Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

    Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

    Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

    OAGF tasks stakeholders on fact-checking before public comments

    OAGF tasks stakeholders on fact-checking before public comments

    China’s Economic Slowdown Deepens, Official Data Show

    China’s Economic Slowdown Deepens, Official Data Show

    NDLEA destroys 18,000kg of cannabis in Edo, nabs 4 suspects

    NDLEA destroys 18,000kg of cannabis in Edo, nabs 4 suspects

    N138m fraud rocks ASUU in Unical

    N138m fraud rocks ASUU in Unical

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    AFN breaks silence on Tobi Amusan’s ‘Nylon Bag Kits’

    AFN breaks silence on Tobi Amusan’s ‘Nylon Bag Kits’

    Tokyo 2025: Nigeria off to flying start in as Ajayi, Okon make 100m semifinals

    Tokyo 2025: Nigeria off to flying start in as Ajayi, Okon make 100m semifinals

    U20 World Cup:Flying Eagles to test World Cup readiness with Chile friendly

    U20 World Cup:Flying Eagles to test World Cup readiness with Chile friendly

    GB back in Davis Cup, set eyes on the 2026 title

    GB back in Davis Cup, set eyes on the 2026 title

    Iheanacho expresses excitement with Celtic move, reuniting with Schmeichel, Rodgers

    Iheanacho expresses excitement with Celtic move, reuniting with Schmeichel, Rodgers

    Ademola Lookman: Premier League top side ready ₦40 billion January bid

    Ademola Lookman: Premier League top side ready ₦40 billion January bid

  • World News
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    FG unveils genomic strategy, prepares for AMR 2026

    FG unveils genomic strategy, prepares for AMR 2026

    How malaria affects human development

    How malaria affects human development

    Steps towards a successful career in events planning without breaking the bank

    Steps towards a successful career in events planning without breaking the bank

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    Benefits of gloves, spiritually 

    Benefits of gloves, spiritually 

    What age difference is ideal between husband and wife?

    What age difference is ideal between husband and wife?

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    The Last Guardian Playstation 4 Game review

No Result
View All Result
Envision Nigeria
No Result
View All Result
Home News Business

Bank recapitalisation: Senator asks CBN to engage N’Assembly, others

Ademola Damilola by Ademola Damilola
February 10, 2024
in Business, In the News
0
Bank recapitalisation: Senator asks CBN to engage N’Assembly, others
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Senator Tokunbo Abiru, Chairman of the Senate Committee on Banking, Insurance, and other Financial Institutions, has urged the Central Bank of Nigeria (CBN) to collaborate with the National Assembly and key stakeholders in its proposed recapitalization of banks in the country. Speaking at the committee’s retreat with the Nigeria Deposit Insurance Corporation (NDIC) in Lagos State on Saturday, Senator Abiru emphasized the importance of continuous strengthening of the financial sector.

Senator Abiru welcomed the CBN’s plan to recapitalize banks but stressed the need for inclusive engagement with critical stakeholders, including the National Assembly. He highlighted the significance of effective oversight by the National Assembly to ensure the resilience and public confidence in the country’s financial sector.

The retreat aimed to enhance understanding and deepen the role of the NDIC in the deposit insurance business. Senator Abiru acknowledged the resilience of Nigerian banks despite global and national challenges, such as the depreciation of the national currency. He expressed the legislators’ responsibility to comprehend the regulators’ roles, especially in light of the impending recapitalization by the CBN.

Bello Hassan, the Managing Director/Chief Executive of NDIC, stated in his welcome address that the retreat sought to establish a mutual working relationship between the legislature and the corporation. He emphasized the crucial role of the Deposit Insurance System in maintaining financial system stability and public confidence in the banking sector. Hassan underscored the importance of a robust legal framework and the harmonious relationship between the legislature and the corporation for effective deposit insurance.

The NDIC, empowered to protect depositors in deposit-taking financial institutions, plays a pivotal role in incentivizing sound risk management in the Nigerian banking system and contributing to overall financial system stability.

Previous Post

NANS begs NLC, TUC to shelve planned strike

Next Post

Insecurity: NECO postpones 2024 staff promotion examination

Ademola Damilola

Ademola Damilola

Next Post
Insecurity: NECO postpones 2024 staff promotion examination

Insecurity: NECO postpones 2024 staff promotion examination

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
FG commences electronic verification for military veterans February 19

FG commences electronic verification for military veterans February 19

February 15, 2024
Fr Ogunyemi charges Catholic women to go MAD

Fr Ogunyemi charges Catholic women to go MAD

February 20, 2024
BREAKING: FCT Minister’s residence gutted by Fire

BREAKING: FCT Minister’s residence gutted by Fire

February 25, 2024
Dr Patrick Tyodzer Pillah: A Scholar Shaping Public Policy, Governance, and Environmental Management in Nigeria

Dr Patrick Tyodzer Pillah: A Scholar Shaping Public Policy, Governance, and Environmental Management in Nigeria

February 11, 2025
Culture making Africans intolerant of blessings for same-sex couples – Pope

Culture making Africans intolerant of blessings for same-sex couples – Pope

1
CBN lacks power to receive NNPCL crude sales – Atiku

CBN lacks power to receive NNPCL crude sales – Atiku

1
Soldier questions non-recognition as Tinubu lavishes gifts on Super Eagles

Soldier questions non-recognition as Tinubu lavishes gifts on Super Eagles

1
Fr Ogunyemi charges Catholic women to go MAD

Fr Ogunyemi charges Catholic women to go MAD

1
Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

September 17, 2025
Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

September 17, 2025
OAGF tasks stakeholders on fact-checking before public comments

OAGF tasks stakeholders on fact-checking before public comments

September 17, 2025
China’s Economic Slowdown Deepens, Official Data Show

China’s Economic Slowdown Deepens, Official Data Show

September 16, 2025

Recent News

Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

September 17, 2025
Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

September 17, 2025
OAGF tasks stakeholders on fact-checking before public comments

OAGF tasks stakeholders on fact-checking before public comments

September 17, 2025
China’s Economic Slowdown Deepens, Official Data Show

China’s Economic Slowdown Deepens, Official Data Show

September 16, 2025
Envision Nigeria

Envisionnigeria. com.ng is an on-line publication established to give expression to Article 19 of the Universal Declaration of Human Right. It is an apolitical community of Journalist and Global citizens committed to making the World a better place.

Follow Us

Browse by Category

  • Apps
  • Business
  • Crime
  • Culture
  • Education
  • Entertainment
  • Evironment
  • Fashion
  • Feature
  • Food
  • Foreign News
  • Gadget
  • Gaming
  • Health
  • In the News
  • Interview
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • Politics
  • Review
  • Science
  • Sports
  • Startup
  • Tech
  • Travel
  • World

Recent News

Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

Nigeria’s 2025 tax reform, most audacious overhaul of country’s fiscal framework-Dogara

September 17, 2025
Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

Renewable energy: FG allocates N300bn to power hospitals, varsities – Bichi

September 17, 2025
  • About us
  • Advertise with us
  • Privacy Policy
  • Contact us

© 2024 Envision Nigeria Publications & Communication Limited

No Result
View All Result

© 2024 Envision Nigeria Publications & Communication Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In