UPDATE! If You Use The Following Banks, This Message Is For You As CBN Finally Speak On Withdrawing
Their Licenses, See Detalls On July 11, 2024, the Central Bank of Nigeria (CBN) rejected circulating rumors about revoking the licenses of Unity Bank and Keystone Bank. The clarification followed a viral message on social media suggesting that the CBN had canceled the licenses of Heritage Bank, Unity Bank, and Keystone Bank, advising customers to withdraw their funds quickly.
The false message encouraged customers to use ATMs or transfer their funds to other banks immediately. It read, “CBN has canceled the licenses of Heritage Bank, Unity Bank, and Keystone Bank. All affected customers should withdraw their money using ATM cards or transfer to another bank now before it’s too late. Please share this information with colleagues, family, and friends to help others.
In a statement on its X account, the CBN firmly denied issuing any such message, calling it fake news intended to deceive the public. The post said, “This is meant to mislead the public. It has nothing to do with the Central Bank of Nigeria. Please take note.”
The spread of this misinformation caused concern among customers, prompting the CBN to act quickly to correct the falsehood. They reassured the public that Unity Bank and Keystone Bank remained operational and that no directive had been issued to withdraw their licenses.
The CBN’s response aims to uphold public confidence in the banking system and prevent unnecessary panic. They stressed the importance of verifying information from reliable sources before sharing it.. This incident highlights the need for caution against spreading false information, which can cause
unnecessary alarm and disrupt financial stability. It also underscores the powerful role of social media in spreading information, both accurate and false, and the responsibility of users to ensure its correctness. This serves as a reminder for the public to rely on official channels for updates about financial institutions
and other critical information. The CBN continues to monitor the situation and urges everyone to remain calm and not be misled by unfounded rumors.
For further updates, the public is advised to follow the CBN’s official social media accounts and website. The CBN remains committed to ensuring the stability and integrity of Nigeria’ s financial system and will continue to provide accurate information. In light of this event, it is crucial for individuals and businesses to stay informed through verified sources and to exercise caution before acting on any financial information. The CBN’s swift action in addressing the false message demonstrates its dedication to protecting public interests and maintaining confidence in the banking sector.
As the financial landscape evolves,
the CBN’s proactive approach in
combating misinformation will be vital
in safeguarding Nigeria’s economy.
The public’s cooperation in verifying
and sharing accurate information will
support these efforts.
This situation emphasizes the importance of strong communication strategies from regulatory bodies to promptly address and counteract false information. The CBN’s transparency and responsiveness serve as a model for other institutions in managing misinformation and maintaining public trust. For any concerns or further clarifications, customers are encouraged to reach out directly to their banks or contact the CBN through official channels. The CBN’s commitment to accurate and timely communication ensures that the public can handle financial matters with confidence and security.
In conclusion, the CBN’s denial of the license revocation for Unity Bank and keystone Bank reinforces the importance of relying on official statements and verified information. The CBN remains vigilant in protecting the financial system and providing the public with the necessary assurances to maintain trust and stability in the banking sector…… CLICK HERE TO CONTINUE READING
