NDIC Obtains 3 International Certificates


The Nigeria Deposit Insurance Corporation (NDIC) has successfully obtained three certifications from the British Standards Institution (BSI) after a rigorous process of satisfying the conditions precedent to accreditation.

Mr Hakeem Bakare, NDIC’s Head of Communications and Public Affairs, said this in a statement on Wednesday in Abuja.

According to Bakare, the certificates were on Information Security Management System ISO/IEC 27001:2013, IT Service Management System ISO/IEC 20000-1:2011 and Business Continuity Management System, ISO 22301:2012 .

He said the British Standards Institute UK thoroughly engaged and audited the Corporation operational processes between April and July 2017 to determine the conformity of the Corporation to the standards.

He said the formal presentation of the certificates was, however, postponed till first quarter of 2018.

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” It is worthy to note, that the NDIC is the first public organisation in Nigeria to be so certified with three standards simultaneously.

“By these achievements, the Corporation is poised to enhance the level of operational readiness to deliver on its core mandate while continuously improving on the service delivery to meet the expectations of its stakeholders.

“This will be done through sound information security, efficient IT management system and a robust business continuity system,”he stated.

Bakare also noted that what the Corporation stood to benefit from those ISO certification standards, which were of strategic importance in peer review.

He said that the certification would ensure improved information deliverables, availability and efficient services, effective communication as well as sound internal processes among other’s.

This, he explained, would further engender public confidence in the banking system which would deepen financial system stability.

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