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NIMASA Vital Organ of Economic Development

Eromosele Abiodun The President of the Court of Appeal, Hon. Justice Monica Dongban-Mensem has described the Nigerian Maritime Administration and Safety Agency (NIMASA), as a key organ of economic development, saying the admiralty law conferences introduced by the agency was helping to streamline application of the antipiracy law. Dongban-Mensem stated this while speaking at the maiden edition of the Nigerian Admiralty Law Colloquium organised in Lagos by the NIMASA, in collaboration with the Nigerian Institute of Advanced Legal Studies (NIALS). The colloquium had the theme, “Achieving Maritime Safety, Security and Shipping Development (TRIPOD S) through Enforcement of Legislations and the Implementation of the Deep Blue Project: The Role of the Judiciary and State Actors.”

Failed banks: Why unclaimed deposits high ― NDIC

Failed banks: Why unclaimed deposits high ― NDIC On By Emma Ujah, Abuja The Nigeria Deposit Insurance Corporation (NDIC) has attributed the high level of unclaimed deposits of failed banks to limited understanding and the widespread misconception of the Deposit Insurance System (DIS) in Nigeria. The Executive Director (ED), Corporate Services of NDIC, Mrs Omolola Abiola-Edewor made this disclosure yesterday, while delivering her keynote address at the opening ceremony of the 2020 Sensitization Seminar for Judges of the Federal High Court, in Abuja, according to a statement by the Director, Communication & Public Affairs, Dr Bashir Nuhu. According to Mrs Abiola- Edewor, this phenomenon has informed the concerted efforts by NDIC to continuously collaborate with the Judiciary and other stakeholders with a view to promoting public awareness of deposit insurance.

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