Nigeria: Weak Corporate Governance Threatens Bank Examination

2014-05-15T21:35:35-07:00May 15th, 2014|Categories: Corporate Governance|Tags: , |

Nigeria Deposit Insurance Corporation (NDIC) has identified weak corporate governance and inadequate implementation of risk based supervision (RBS) strategies as major threats to effective bank examination in the country. Director, Bank Examination Department, NDIC, Mr. Adedapo Adeleke said this at the 2014 Bank Examiners’ conference organised by the corporation in Lagos. In a paper titled, ‘Overview of challenges faced by examiners on on-site examination” he noted that bank examiners faced major challenges which are both systemic and operational. According [...]