Nigeria Banks Safe: CBN Dismisses License Revocation Rumors

CBN Denies Rumors of Bank License Withdrawals: Social Media Message a Hoax

The Central Bank of Nigeria (CBN) is urging Nigerians to ignore a message circulating on social media, particularly WhatsApp, claiming the CBN revoked the licenses of three banks.

Fake Circular Targets Heritage, Unity, and Keystone Banks

The poorly written message falsely states that Heritage Bank, Unity Bank, and Keystone Bank have lost their licenses. It creates unnecessary panic by urging customers to withdraw all their funds immediately through ATMs or transfers.

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CBN Calls it “Fake Document” Designed to Mislead

The CBN swiftly addressed the issue through a Facebook post, labeling the message a “fake document” with no basis in reality.

Spread Awareness, Not Panic

The fake message encourages people to share it with others. Instead, Nigerians are advised to be cautious and rely on official CBN channels for accurate information.

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