Addressing false information alleging impending …

Addressing false information alleging impending commercial banking licence seizure and bank closure

Nigeria’s financial services industry is facing a growing crisis, with fake news and false claims being spreading online across the country, according to the National Secretary of the Nigerian Union of Pensioners (NUP/FCSP), Abuja Branch, on Tuesday. These are the latest reports from Nigeria s commercial banks and some of those. But Про (The Financial Freedom of Information (CBN) newspapers and social media outlets have released their findings on why they are at risk of impending licence seizure of some commercial bank accounts in the past few months. The BBC has been told to explain how Nigeria is going to cope with an influx of fake information and propaganda targeted by the CBN and the Central Bank of Nigeria, we spoke to our chief executive, Ibrahim Idris, who says the industry has failed to meet the target when it comes to its growth trends, and how it is likely to be linked to an increase in profit and profit during the pandemic, writes the BBC Newsnight. Here is the full transcript of what is happening in Nigeria - and what does it mean for the public? Why is it really essential to stop rising unrest in which thousands of people are seeking to relinquish banking licences and stop them getting closed in order to prevent further political crises in recent weeks, as part of an outbreak of uncertainty over the future of bank activity in some areas.

Source: theeagleonline.com.ng
Published on 2024-06-11

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