NewsOnline reports that the Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communications professionals working in Nigeria’s banking sector, has debunked rumours trending on social media that the Central Bank of Nigeria (CBN) will shutdown banking services for five days between February 23 and 27 because of the general elections.
In a statement signed on Wednesday by its president, the association said that no Deposit Money Bank (DMB) or other institutions providing financial services in the country has received such a directive from the CBN.
Bolarinwa said, “Up until this moment, no Deposit Money Banks (DMBs) or other institutions providing financial services have received any directive or communication from the CBN to close the doors of their physical banking halls or shut their digital platforms and online banking channels against their customers because of elections.”
While urging Nigerians to avoid panic spending, Bolarinwa also noted that banks have put measures in place to ensure seamless financial transactions during the electioneering period.
“Customers who wish to carry out transfers or use electronic banking services will have unhindered access to these services before, during, and after the elections.
“ACAMB urges Nigerians not to panic and to also avoid uncontrolled spending as a result of the fake news about the alleged plan to shut down bank branches and all digital banking channels.
“Members of the public should discountenance the trending message maliciously concocted by its faceless authors to cause disaffection among the citizenry and the DMBs.
“ACAMB calls on Nigerians to be peaceful and orderly during the elections and wishes the nation successful conduct of free, fair and credible elections,” he added.
Top BDC Operator has named the major cause of Naira depreciation. NewsOnline Nigeria reports…
Naira has fallen massively and is currently exchanging above N1,500/$ at the official market. …
Fubara has exposed massive corruption under Former Governor Wike amid his administration probe. NewsOnline…
Videos showing the moment Singer Portable was arrested by Police over N14m debt have gone…
Black market dollar to naira exchange rate Wednesday 14th May 2024 can be accessed below.…
Akmodel Groups MD, Bldr. (Dr.) Odegade celebrated mothers at RECRA 2024 with Favour Benson, Dr.…