NIGERIA DEPOSIT INSURANCE CORPORATION ACT, 2023

Section 88: Power to borrow.

2023Section 88 of 100Federal Republic of Nigeria

(1) The Corporation shall have power to borrow from the Central Bank of Nigeria such money as it may deem fit for the performance of its functions under this Act.
(2) The Central Bank of Nigeria may guarantee in such manner and upon such terms as it may deem fit the redemption and the repayment of any interest on any debenture stocks raised by the Corporation.

Cite this section

Section 88, NIGERIA DEPOSIT INSURANCE CORPORATION ACT, 2023 (2023).

https://repo.podus.ai/laws/nigeria-deposit-insurance-corporation-act-2023/section/88/