The Central Bank of Nigeria, CBN, says there is no need for Nigerian depositors to panic over the safety of their funds in any bank.
The apex bank gave this assurance in a press statement signed by its Acting Director, Corporate Communication, Mrs. Sidi-Ali Hakama, said: “The CBN has noticed reports, in certain media outlets, about a recommendation for the Federal Government to take over some CBN-supervised financial institutions.
The statement said: “For the avoidance of doubt, Nigerian banks remain safe and sound.
“The CBN encourages the public to continue their regular activities without being alarmed by reports that have not emanated from the CBN about the health status of Nigerian banks.
“The CBN is fully equipped to carry out its statutory duty of upholding a stable financial system in Nigeria.
“We assure the general public and depositors about the safety of their funds in Nigerian financial institutions.
“Bank customers are therefore advised to proceed with their banking transactions as usual, as there is no cause for concern.”
| Posted: at | |
TRENDING GISTS 
Manchester United v Ath Club: UEFA Europa League Semi-Final Match,Team News,Goal Scorers&Stats
'Some Men Are Praying For Their Wives To Die So They Can Marry Another' -Nigerian Man Blows Hot
Content Creator, Nasty Blaq Shuts Down Rumours About Dating Davido’s Cousin, Nikos Living
18Yr Old Boy Impregnates 10 Girls, Including His Boss' Daughter After He Was Sent To Learn A Trade
Mob Attacks Football Referee, Burns Him To Death In DR Congo Over Theft Accusation