Afrigather 
The Central Financial institution of Nigeria (CBN) has denied studies, in sure media shops (not Economic Confidential), a few suggestion for the Federal Authorities to take over some CBN-supervised monetary establishments.
The apex financial institution in an announcement by its spokesperson, Hakama Sidi-Ali, reiterated that Nigerian banks stay secure and sound.
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“The CBN encourages the general public to proceed their common actions with out being alarmed by studies that haven’t emanated from the CBN in regards to the well being standing of Nigerian banks.
“The CBN is absolutely geared up to hold out its statutory responsibility of upholding a steady monetary system in Nigeria.
“We guarantee most people and depositors in regards to the security of their funds in Nigerian monetary establishments,” the assertion learn partially.
The CBN subsequently suggested financial institution prospects to proceed with their banking transactions as normal, “as there isn’t a trigger for concern.”
