NewStats: 3,261,833 , 8,175,300 topics. Date: Friday, 30 May 2025 at 05:51 PM 2hf4l

The Central Bank of Nigeria, CBN has reassured Nigerians and the public of stable banking sector operations.

In a press statement e-signed and released to the Trek Africa Newspaper by the Acting Director, Corporate Communications, CBN, Hakama Sidi Ali stated that, “The attention of the Central Bank of Nigeria (CBN) has been drawn to certain publications and social media reports containing misleading information regarding the operations of a regulated financial institution.”

According to the statement, “The CBN wishes to categorically reassure the public, depositors, and stakeholders that the institutions, the institution referenced in these reports is held to stringent regulatory Nigerian banking sector remains resilient, safe, and sound. Like all other regulated requirements, and there is no cause for concern regarding the safety of depositors’ funds.”

“The Bank affirms that it continues to monitor all financial institutions under its regulatory purview and maintains robust frameworks for early warning signals and risk-based supervision. These mechanisms ensure that any emerging issues are promptly addressed to protect the integrity of the financial system.”

“We urge the public to disregard sensational or unverified claims and rely solely on official channels for information about the financial system.”

“The CBN remains dedicated to fostering a secure banking environment where depositors strategies to safeguard the financial interests of all Nigerians and stakeholders in our financial can be fully confident in the safety of their funds. It will continue to monitor and adapt system.”

https://trekafrica.net/cbn-reassures-public-on-banking-sector-stability/

Lol this people and using Robust....


Una don abuse that word

Make we hear word jare!!!

Deductions just too much!!!

But you both have almost used all manner of bank charges to drain the masses

Use opay, Moniepoint, Palmpay, kuda or Vfd and enjoy peace of mind. Anything outside this na HBP o

Is that so?no smoke without fire

Mischievous people publishing malicious posts should be used an scapegoats.

Cardi b 🤣🤣🤣

Opay staff will soon come here.

Emeskhalifa:
Use opay, Moniepoint, Palmpay, kuda or Vfd and enjoy peace of mind. Anything outside this na HBP o

i save my hard earn money in a foreign and

Emeskhalifa:
Use opay, Moniepoint, Palmpay, kuda or Vfd and enjoy peace of mind. Anything outside this na HBP o

I save my hard earn money in a credible bank overseas from Nigeria.I have peace of mind

Net reserve

A quantum leap from $3b to $90b

CBN Governor, CBN MPC meeting minutes

$90b or $23b?

hartson:
i save my hard earn money in a foreign and I save my hard earn money in a credible bank overseas from Nigeria.I have peace of mind

E good o.
Just hope they arr credible sha, no be one yahoo boy set up platform dey collect your money so

Your assurance is nothing to me, if you can't tell 'GTBank' to provide the details of the beneficiary of an unauthorized transaction of 630k on my since last September.
I tried to reach CBN through mail but each mail i sent was replied to weeks later, Efcc was also not helpful .
How will GTBank start sending debit alert 3rd day after 630k was debited from my 'in 20 different transactions ', just few days after renewing my card? All the transaction was to one 'kcgamingnetworkltd' and gtb couldn't provide further details,no one to compel them to do so.
In short, me and my household had lost confidence in Nigeria banking sector since September 2024

if people no Fear before, e fit be now dem go begin Fear because na mostly TRUTH government dey debunk say na lie

from history its only when there's trouble in the sector that they start sending out denials, everybody should make panic withdrawals and see what happens.

Hope say these guys never create panic withdrawal for that bank wey dem for arrest VDM?

_Lamba

Formularcr7:
Your assurance is nothing to me, if you can't tell 'GTBank' to provide the details of the beneficiary of an unauthorized transaction of 630k on my since last September.
I tried to reach CBN through mail but each mail i sent was replied to weeks later, Efcc was also not helpful .
How will GTBank start sending debit alert 3rd day after 630k was debited from my 'in 20 different transactions ', just few days after renewing my card? All the transaction was to one kcgamingnetworkltd and gtb couldn't provide further details,no one to compel them to do so.
In short, me and my household had lost confidence in Nigeria banking sector since September 2024

'kcgamingnetworkltd‘ is associated with Bet9ja platform. So most likely someone had access to your ATM card information and used it to fund their Bet9ja wallet.

Useless and unreliable agency

Potvalor:

'kcgamingnetworkltd‘ is associated with Bet9ja platform. So most likely someone had access to your ATM card information and used it to fund their Bet9ja wallet.

you are likely correct but you think I shouldn't know the details of the beneficiary? Just to let you know the card wasn't compromised from my side, all the transactions occurred the 3rd day i renewed my card and the card is still with me till now.
I also try to know why I'll start receiving debit alert 3days after the transaction actually occur

Formularcr7:
you are likely correct but you think I shouldn't know the details of the beneficiary? Just to let you know the card wasn't compromised from my side, all the transactions occurred the 3rd day i renewed my card and the card is still with me till now.
I also try to know why I'll start receiving debit alert 3days after the transaction actually occur

As long as its GTB, it likely happened within their bank.

Those people often times employ criminals

Formularcr7:
Your assurance is nothing to me, if you can't tell 'GTBank' to provide the details of the beneficiary of an unauthorized transaction of 630k on my since last September.
I tried to reach CBN through mail but each mail i sent was replied to weeks later, Efcc was also not helpful .
How will GTBank start sending debit alert 3rd day after 630k was debited from my 'in 20 different transactions ', just few days after renewing my card? All the transaction was to one 'kcgamingnetworkltd' and gtb couldn't provide further details,no one to compel them to do so.
In short, me and my household had lost confidence in Nigeria banking sector since September 2024

With your education I am sure you know the courts will compel them..

Modified

Ok you have the information for free...

So it's up to you to followup with the bet company to know the culprit behind the ...

iswallker:


With your education I am sure you know the courts will compel them..

Modified

Ok you have the information for free...

So it's up to you to followup with the bet company to know the culprit behind the ...

who are you advising me to sue? The bank or the bet company?
To me , it also means, I'm looking for the money myself 'with the little left', instead of the bank looking for it.I won't like to waste the little i have left on Nigeria court, the few people i met 'with similar experience ' said they had to trace the culprit by themselves,'with there resources'.

Confused Bank of Nigeria. Regulatory oversight has been in serious decline, banks are maltreating customers and ing fraud.

Offcourse when the regulator is asleep things fall apart.

When CBN assures you, you need to be worried!

Despite numerous letters and warning to the CBN that Heritage bank was distressed and they did absolutely nothing until the bank went under

Formularcr7:
who are you advising me to sue? The bank or the bet company?
To me , it also means, I'm looking for the money myself 'with the little left', instead of the bank looking for it.I won't like to waste the little i have left on Nigeria court, the few people i met 'with similar experience ' said they had to trace the culprit by themselves,'with there resources'.

Send a complaint to fcc...

iswallker:


Send a complaint to fcc...

thanks