NDIC carpets banks over contract staff, unreasonable targets for female workers

THE Nigeria Deposit Insurance Corporation (NDIC) has carpeted the nation’s Deposit Money Banks, DMBs, over the unwholesome practice of engaging contract or outsourced staff in the industry. The Managing Director of the corporation, Alh. Umaru Ibrahim, told Council Members of the Chartered Institute of Bankers of Nigeria, CIBN, in his office in Abuja, that the practice was detrimental to the overall health and soundness of banks.

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