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MONEY MARKET
The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Bello Hassan, has charged professional auditors who are members of the Institute of Chartered Accountants of Nigeria, ICAN, to uphold the core values of accuracy and integrity.
He gave the charge while receiving an ICAN delegation led by Council member, Mrs Sofura Seghosime, at the NDIC head office in Abuja.
The Director, Communication & Public Affairs Department, NDIC, Mr. Bashir Nuhu, quoted the NDIC boss in a statement as saying that ICAN members needed integrity to earn public respect and confidence.
Hassan explained that both the NDIC and Central Bank of Nigeria (CBN) relied on the works of third parties, including external auditors and reporting accountants in the Risk-Based Supervision (RBS) of deposit taking institutions.
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Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has charged professional auditors who are members of the Institute of Chartered Accountants of Nigeria (ICAN) to uphold the core values of accuracy and integrity in order to earn public confidence and respect within the financial services industry.
Hassan said this during a courtesy visit by the ICAN National President who was represented by one of the Council Members, Mrs Sofura Seghosime and Chairman of Abuja District, Mrs Bosede Ikhanoba and other ICAN Executive Members to the NDIC head office in Abuja.
He explained that both the NDIC and Central Bank of Nigeria (CBN) relied on the works of third parties which include external auditors and reporting accountants in the Risk-Based Supervision (RBS) of deposit-taking institutions.