The Central Bank of Nigeria (CBN) has reassured the public, depositors, and stakeholders that the Nigerian banking sector remained resilient, safe, and sound.
This assurance comes amid certain publications and social media reports containing misleading information regarding the operations of a regulated financial institutions.
According to the CBN’s Acting Director, Corporate Communications Department, Mrs. Hakama Sidi-Ali, “The CBN wishes to categorically reassure the public, depositors, and stakeholders that the Nigerian banking sector remains resilient, safe, and sound.”
She added that the apex bank would continue to monitor all financial institutions under its regulatory purview and maintain robust frameworks for early warning signals and risk-based supervision.
The CBN urges the public to disregard sensational or unverified claims and rely solely on official channels for information about the financial system.
Sidi-Ali emphasised that the CBN remained dedicated to fostering a secure banking environment where depositors could be fully confident in the safety of their funds.
The CBN would continue to monitor and adapt strategies to safeguard the financial interests of all Nigerians and stakeholders in the financial system.
