Chartered Institute of Bankers of Nigeria (CIBN) has reassured the Nigerian public that the country’s banking system remains safe, sound
Chartered Institute of Bankers of Nigeria has reassured the Nigerian public that the country’s banking system remains safe, sound and resilient. The reassurance came on the heels of information making rounds in the public domain that the banking licencesChartered Institute of Bankers of Nigeria has reassured the Nigerian public that the country’s banking system remains safe, sound and resilient.
He said, “We would like to allay the fears of bank customers and the general public that the assertion is false and misleading, even as the CBN, which is the only body best suited to assess the health of financial institutions in Nigeria, has debunked the claim. The statement reads, “The CIBN, as the umbrella professional body for banks and bankers in Nigeria, working with the regulators, CBN and Nigeria Deposit Insurance Corporation , and other stakeholders in the ecosystem, is committed to promoting best practices and ensuring that our banking sector remains resilient and sound. We urge all banking customers and the public to remain calm and confident in the strength of our banking system.
Minister of Information and National Orientation, Mohammed Idris, has urged organised labour to settle for a national minimum wage that will not undermine the national economy and lead to mass retrenchment of workers.Lagos State Governor, Babajide Sanwo-Olu, has urged Nigerians to cherish and live by the tenets of democracy for the prosperity and progress of the nation.
Barely a week after the Transmission Company of Nigeria rehabilitated and re-stringed four vandalised towers along the Jos–Gombe 330kV transmission line supplying bulk power to substations in the Northeast
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