CIBN to Nigerians: Social media attacks on banks undermine their reputation

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CIBN to Nigerians: Social media attacks on banks undermine their reputation
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CIBN and the Body of Banks' chief executive officers (CEOs) have condemned the incessant social media criticisms targeted at banks.

October 9, 2024 2:20 pm and the Body of Banks’ chief executive officers have condemned the incessant social media criticisms targeted at banks.

They added that investors have confidence in Nigerian banks, with the sector being a top choice for retail and institutional investors alike.“The resilience and dynamism of the banking industry are built on the trust of its customers, demonstrating that the sector is a cornerstone of economic growth and development in Nigeria,” CIBN and the Body of Banks said.

The bodies also advised individuals or groups with concerns or grievances, regarding the operations of any bank, to direct such issues to the appropriate regulatory authorities equipped to address concerns impartially and professionally.

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