Punch reports that Punch, the Nigeria Deposit Insurance Corporation has urged banks to strengthen governance, risk management and operational resilience as threats to financial stability evolve.
NDIC identified rapid technology change, cyber threats, climate risks, geopolitical tension and changing customer expectations as pressures reshaping the industry.
The message complements the CBN’s cyber-resilience push and suggests supervisors are increasingly treating operational resilience as a system-wide rather than institution-by-institution issue.
Independent confirmation was limited during this review. No second credible report was located that added sufficiently independent verification, so the item is presented with that limitation rather than with fabricated corroboration.
Echotitbits take: The development is worth watching for its practical effect on households, businesses, investors or public institutions. The next signal will be implementation, measurable outcomes and whether the responsible institutions publish follow-through data.
Source: Punch – https://punchng.com/ndic-warns-banks-to-tighten-risk-management-amid-threats/, 2026-09-10
Photo Credit: The Guardian
