Nigerian banking system is stable, CIBN assures Nigerians

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CIBN News

Pius Olanrewaju

The Chartered Institute of Bankers of Nigeria (CIBN) on Wednesday reassured Nigerians that the banking system remained “safe, sound

The Chartered Institute of Bankers of Nigeria on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient,” dispelling fears of bank liquidations.The Chartered Institute of Bankers of Nigeria on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient,” dispelling fears of bank liquidations.

“We would like to allay the fears of bank customers and the general public that the assertion is false and misleading. “Consequently, we urge the public to continue conducting their banking services without hesitation or apprehension,” Olanrewaju said. The Federal Road Safety Corps has rescued 25 road traffic crash victims alive from the avoidable road traffic crash that occured at Ugwu Onyeama on the Enugu-Onitsha expressway on 11 June, 2024 at 1900HRS. Corps Commander, Corps Public Education Officer, Olusegun Ogungbemide who disclosed this in a statement on Wednesday in Abuja noted that…

Some rights activists and followers of late Chief MKO Abiola on Wednesday appealed to President Bola Tinubu to declare the acclaimed winner of the June 12 1993 Presidential Election as ex-President. They spoke at the “2024 Memorial Programme for the Commemoration of June 12, 1993 Election” in Lagos. The event was organised by the Committee…

The Russian Embassy in Nigeria has denied allegations that Russia is forcing African students, particularly Nigerians, to participate in the ongoing conflict in Ukraine in exchange for visa extensions. Russia's denial comes after a Bloomberg report on Monday claimed that Russia sought to recruit thousands of migrants and foreign students to bolster its troops, employing…

 

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