The Chartered Institute of Bankers of Nigeria (CIBN) reassured Nigerians on the resilience of the Nigeria banking system.
Prof. Pius Olanrewaju, President of CIBN stated this in a program in Lagos,
The program to correct misinformation and fake news that licence of more banks would be revoked.
Olanrewaju said the general public and bank customers should allay the fear of liquidation of banks and they should ignore all false and misleading information about revoking licenses of more banks.
“The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have debunked the claim,” the Chairman of Council, CIBN, stated.
The on going capitalization will strengthen Nigeria banking system.
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