The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its ban on hiring of relatives while directing staff to declare their family ties.

The NDIC made this known in a circular dated Wednesday, May 21, 2025 with reference number: NDIC/HRD/CIR/23/VOL III/210.

“This is to remind all staff that the Board of Directors at its 117th Meeting held on Tuesday 1st, Wednesday 2nd, Thursday 3rd and Friday 4th March, 2022 directed that the corporation maintains a strict policy prohibiting the employment of staff with family relatives in the Corporation. This includes parent/child, spouses and co-parenting,” the circular read.

The corporation stated that in line with the existing practice, if a parent and child or couples are co-employees, one of them should be advised to resign.

According to the circular, this policy aims to avoid any potential conflict of interest, promote transparency, and maintain a fair and unbiased work environment.

The NDIC has, therefore, directed all staff to disclose any existing family relationships within the organization to the Human Resources (HR) department immediately.

The management added that it appreciates staff understanding and cooperation in upholding the values of the corporation and is committed to maintaining a transparent, healthy and professional work environment.