CBN assure Nigerians of safety of funds in bank accounts

  • Video
  • December 28, 2023
  • 0 Comments

CBN assure Nigerians of safety of funds in bank accounts

Tamarauemi Ebimini

The Central Bank of Nigeria (CBN) has assured depositors of the safety of the money in their bank accounts.

The CBN gave this assurance in a statement signed by its spokesperson, Hakama Sidi-Ali on Wednesday.

Sidi-Ali said the CBN noticed reports in certain media outlets about a recommendation for the Federal government to take over some CBN-supervised financial institutions.

“For the avoidance of doubt, Nigerian banks remain safe and sound,” Sidi-Ali said.

“The CBN encourages the public to continue their regular activites 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.”

Sidi-Ali also advised bank customers to proceed with their banking transactions as usual, as there is no cause for concern

  • Related Posts

    ‎By-election rally :Ondo South stands still for Faduyile as Adelami, Agagu, Kolawole, Oke call for massive votes

    ‎     By-election rally :Ondo South stands still for Faduyile as Adelami, Agagu, Kolawole, Oke call for massive votes By Steve Ovirih. Okitipupa, headquarters of old Okitipupa Division came…

    Olabode Omoyele congratulates victorious APC Assembly members: Aiyebusiwa,Gbegudu, Akinyelure    

    Olabode Omoyele congratulates victorious APC Assembly members: Aiyebusiwa,Gbegudu, Akinyelure     Mr. Olabode Omoyele, Politician and Real Estate magnate, has extended his hearty congratulations to the winners of All Progressives…

    Leave a Reply

    You Missed

    Olabode Omoyele congratulates Prof. Faduyile

    Olabode Omoyele congratulates Prof. Faduyile

    Ikale Heritage Association UK/Ireland congratulates Prof. Dayo Faduyile, OON on Senatorial victory

    Ikale Heritage Association UK/Ireland congratulates Prof. Dayo Faduyile, OON on Senatorial victory

    Prince Kunle Ayeku congratulates Faduyile over Senate bid victory

    Prince Kunle Ayeku congratulates Faduyile over Senate bid victory

    Olabode charges fathers to sustain love, leadership at home

    Olabode charges fathers to sustain love, leadership at home

    Faduyile clinches Senate seat with 68,474 votes

    Rt.Hon.Jumoke Akindele, APM Senatorial Candidate, Adeolu Akinwumi express concern over cause of voters low turn out