The Central Bank of Nigeria (CBN) has addressed recent misleading reports circulating on social media concerning a regulated financial institution.
In a statement, the CBN reassured depositors and the public that Nigeria’s banking sector remains resilient, safe, and well-regulated. It emphasised that all institutions operate under strict regulatory standards, with no risk to depositors’ funds.
The bank highlighted its ongoing monitoring and risk-based supervision frameworks designed to detect and address potential issues swiftly, safeguarding the financial system’s integrity.
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The CBN urged the public to disregard unverified claims and rely only on official communications for accurate information.
It reiterated its commitment to maintaining a secure banking environment and protecting the financial interests of Nigerians and stakeholders nationwide.
The regulator pledged to continue adapting its strategies to ensure the stability of Nigeria’s financial sector.
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