The Central Bank of Nigeria (CBN) has reassured the public of its unwavering commitment to ensuring the stability and reliability of the Nigerian financial system.
The CBN recognises confidence’s crucial role in banking operations and affirms that all deposits in Nigerian banks are secure.
The CBN actively ensures that banks adhere to established regulations and best practicesto maintain the integrity of our financial system.
Furthermore, the CBN has established a Memoranda of Understanding (MoU) with the various countries where Nigerian banks’ subsidiaries are located.
“It will continue to monitor and adapt strategies to safeguard the financial interests of all Nigerians and stakeholders in our financial system,” she added...
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