‘Banking sector is stable’, CBN shuts down rumour

Dailytrust | 20-05-2025 10:16am |

The Central Bank of Nigeria has dismissed reports suggesting distress in a regulated financial institution. In a statement signed by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank described the claims as misleading and capable of triggering unnecessary panic in the financial system. The bank assured Nigerians that the country’s banking sector [...]

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