Nigerian universities to teach deposit insurance courses

The Nigeria Deposit Insurance Corporation on Wednesday announced the unveiling of the deposit insurance system in the curricula of Nigerian universities and other tertiary institutions.

The corporation said in a statement that the new system was part of its on-going efforts toward enhancing public awareness on its mandate and operational activities.

The DIS programme, the corporation said in Abuja, commenced with two courses on the themes: “Fundamentals of Deposit Insurance Scheme” and “The Practice of Deposit Insurance.”

The courses were designed for students of Business Administration, Economics, Banking & Finance, and Accounting.

While “Fundamentals of Deposit Insurance” is designed specifically for 300 level students, “The Practice of Deposit Insurance” was for 400 level students.

The introduction of the programme, the corporation explained, is intended to enhance the knowledge of both under-graduate and post-graduate students of universities as well as students of the Chartered Institute of Bankers of Nigeria.

“This will go a long way to enhance the quality of potential staff of banks as well as promote financial literacy and financial inclusion,” the statement said.

The DIS courses have already commenced at the Ahmadu Bello University, Zaria, while six other first generation Nigerian universities, namely University of Lagos; University of Nigeria Nsukka; Obafemi Awolowo University; Bayero University Kano; University of Ibadan (UI), Ibadan; and University of Benin would start running the courses as from next academic session.

Source: PremiumTimesng