NewsOnline Nigeria reports that the Central Bank of Nigeria (CBN) has reassured bank users that their funds are secure in their respective accounts, emphasizing that there is no need for panic withdrawals.
This was disclosed in a statement signed by the CBN’s acting director of Corporate Communication Sidi-Ali Hakama.
According to the apex bank, there have been reports rumored in different media outlets of Federal Government plans to take over some CBN-supervised financial institutions.
The CBN therefore advised that depositors disregard these reports as they did not emanate from them.
The apex bank noted that it is fully equipped to carry out its statutory duties in ensuring the stability of financial institutions in the country.
It said,
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