Nigerian Banks are Resilient, Safe, Says CBN as MPC Meeting Holds Monday

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

By James Emejo The Central Bank of Nigeria (CBN) Saturday reiterated the resilience, safety and soundness of Nigerian Deposit Money Banks (DMBs) as well as other financial institutions under its su…

The Central Bank of Nigeria Saturday reiterated the resilience, safety and soundness of Nigerian Deposit Money Banks as well as other financial institutions under its supervision.

CBN acting Director, Corporate Communications Department, Mr. Osita Nwanisobi, told journalists that the banking system had proven to be sturdy in spite of the global challenges posed by the COVID-19 pandemic. He pointed out that the central bank had continued to monitor the activities of banks in order to ensure that no individual or institution breached the laid down guidelines in line with the bank’s resolve to ensure adherence to prudential standards.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

but MTN ghana's payments services revenues dwarfs naija's biggest bank's? only 29M ppll in ghana oo

Central Bank of the North

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ondo robbery: Police beef up security in banksFollowing the bloody robbery attack that occurred in Ondo State last week Thursday, where three persons were killed, security has been beefed up in banks Medicine after death... Intelligence is zero. If is to gather intelligent about protesters you all be be proactive. Meanwhile the police men sent to the banks are not free oooh😂 Banks will still pay service charge and monthly stipends to the officers.😂😂
Source: DailyPostNGR - 🏆 11. / 59 Read more »

NGX key market indices up 0.21% ahead of MPC meeting - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

Remember Kanu In Prayer – IPOB Lawyer Urges Nigerians Ahead Of Monday Trial | Sahara ReportersRemember MaziNnamdiKanu In Prayer – IPOB Lawyer Urges Nigerians Ahead Of Monday Trial | Sahara Reporters MaziNnamdiKanu Urges BIAFRANS and no trial of any sort ... MaziNnamdiKanu Which prayer again MaziNnamdiKanu We don't need nigeria prayer, nig never pray themselves out finish. Abeg umuchineke let's remember MNK in prayers...
Source: SaharaReporters - 🏆 9. / 63 Read more »

Open Grazing Bill: Delta Assembly Holds Public Hearing MondayA public hearing on a “Bill for a Law to provide for the regulation of livestock breeding, rearing and marketing and to prohibit open grazing and related
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Groups urge National Assembly to reject attempts to re-present 'flawed' Water Bill'Nigerians said it when the Bill was being debated, and Nigerians are saying it again: the National Water Bill is obnoxious, ....”
Source: PremiumTimesng - 🏆 3. / 78 Read more »

DSS Warns Against Public Display Of AffluenceThe Department of State Services (DSS) has warned Nigerians on the dangers of public display of affluence, saying it is dangerous and a great security risk. Abba was there too...😁😁😁😁😁😁 Jealousy Super EFCC
Source: LeadershipNGA - 🏆 4. / 77 Read more »