Nigeria, July 28 -- On Friday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, inaugurated the new leadership of the Nigeria Deposit Insurance Corporation (NDIC), urging them to support the federal government's efforts to ensure financial system stability.

This was disclosed in a press statement signed by the Head of the Communication & Public Affairs Department, Hawwau Gambo, on Sunday.

The new Managing Director and Chief Executive Officer, Thompson Sunday, and the Executive Director (Operations), Kabir Katata, were formally introduced at a brief ceremony held at Abuja's Ministry of Finance headquarters.

Mr Edun described the NDIC as vital to Nigeria's financial safety net and urged the appointees to deliv...