The Central Bank of Nigeria (CBN) has assured depositors of the safety of their funds in the financial institutions.
In a statement on Wednesday,CBN’s director of corporate communications, Hakama Sidi-Ali, urged citizens not to yield to unverified rumours.
The statement encouraged citizens to continue with their usual banking activities.
The statement said the CBN is fully equipped to carry out its statutory duty of upholding a stable financial system in Nigeria.
The statement added that 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.”
The CBN advised customers to continue with their usual banking transactions, as there is no cause for concern.
