Resilience of the banking industry guaranteed

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ABUJA (CU)_The Central Bank of Nigeria on Saturday (24 July), reiterated the resilience of the country’s banking industry, particularly amid the COVID-19 pandemic. This assurance from the top monetary authority came in response to unfounded claims circulating on social media which has called into question the soundness and safety of certain banks operating in the country.

Speaking ahead of the Monetary Policy Committee (MPC) meeting this week, the central bank’s acting Director, of the Corporate Communications Department, Osita Nwanisobi, noted that…

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