By Chioma Obinagwam
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has addressed recent misleading publications and social media reports about a regulated financial institution.
The bank told Confiance News in a statement signed by the Ag. Director, Corporate Communications, Hakama Sidi Ali on Monday.
“The attention of the Central Bank
of Nigeria (CBN) has been drawn
to certain publications and social
media reports containing misleading information regarding the
operations of a regulated financial
institution,” the statement disclosed.
Confiance News reports that the CBN reassures the public, depositors, and stakeholders that the Nigerian banking sector remains strong, secure, and resilient.
The CBN emphasizes that all regulated financial institutions, including the one mentioned, adhere to strict regulatory standards, ensuring the safety of depositors’ funds. The Bank maintains robust monitoring systems, including early warning mechanisms and risk-based supervision, to promptly address any potential issues and uphold the financial system’s integrity.
The CBN urges the public to ignore unverified or sensational claims and rely only on official sources for accurate information about the financial system. The Bank remains committed to maintaining a secure banking environment, ensuring depositors’ confidence in the safety of their funds.
“We urge the public to disregard sensational or unverified claims and rely solely on official channels for information about the financial
system. The CBN remains dedicated to fostering a secure banking environment where depositors can be fully confident in the safety of their funds.,” it says.
The CBN, Confiance News gathered, will continue to monitor and refine its strategies to protect the financial interests of all Nigerians and stakeholders.
Leave a comment