The Central Bank of Nigeria (CBN) has described a news report published today, Thursday by a national newspaper, that it had devalued the Naira as false and urged the public to disregard insinuations to the effect. The apex bank’s Acting Director, Corporate Communication, Dr. Isa AbdulMumin, made the clarification in a statement titled ‘CBN Has […]
The Central Bank of Nigeria (CBN) at the weekend reiterated the resilience, safety and soundness of Nigerian Deposit Money Banks (DMBs) and other financial institutions, stressing that all the licensed MFBs and others are operating based on global best practice standards. The Acting Director, Corporate Communications Department of the Bank, Osita Nwanisobi, who made the […]