NDIC and NIESV Strengthen Collaboration for Asset Valuation in Nigeria

The Nigeria Deposit Insurance Corporation (NDIC) and the Nigerian Institution of Estate Surveyors and Valuers (NIESV) are set to bolster their partnership to improve the valuation of failed assets in Nigeria. This collaboration aims to ensure precise and credible asset assessments to safeguard depositors' funds.

NDIC's Managing Director, Thompson Sunda, emphasized the importance of accurate valuations in the asset recovery process. NIESV's President, Victor Adekunle, reaffirmed the institution's commitment to upholding professional standards and ethics in asset valuation and bank liquidation processes.