CBN Reassures Of Depositors Funds’ Safety In Banks

CBN Reassures Of Depositors Funds’ Safety In Banks …C0NTINUE READING HERE >>>

The Central Bank of Nigeria (CBN) has reassured of its commitment to ensuring the stability and reliability of the Nigerian financial system.

The CBN which gave the assurance in a bid to retain customers’ confidence in the system, reaffirmed that all deposits in Nigerian banks are secure.

The reassurance comes on the back of a recent panic of a possible collapse of one of Nigeria’s tier 1 banks.

There had been videos circulating on social media showing how customers of the bank were left stranded outside the banking halls and unable to make online and physical transactions.

Allaying…

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