The Central Bank of Nigeria (CBN) has distanced itself from a media report alleging it is set to revoke the licenses of Unity Bank, Keystone Bank and Polaris Bank.
The apex bank via the microblogging platform, X formerly Twitter on Tuesday, urged members of the public to discard the report, which it ascribed as fake news.
Sharing a screenshot of the publication, CBN wrote: “This content is fake and not from the Central Bank of Nigeria.”
The moved by the apex bank comes at the heels of its decision to revoke the operating license of Heritage Bank.
TheNewsGuru.com had earlier reported the apex bank revoked Heritage Bank over the bank’s breach of Section 12(1) of Banks and other Financial Institutions Act(BOFIA)
This development was announced in a statement released on Monday, June 3, by Ag. Director, Corporate Communications, CBN, Hakama Sidi Ali.
According to the apex bank, Heritage’s Board and Management did not improve the banl’s financial performance , a situation which constitutes a threat to financial stability.
Meanwhile, the House of Representatives has assured depositors of Heritage Bank that their money is safe as they are engaging relevant stakeholders to ensure the safety of customers funds.
Speaking on the development, the spokesman for the House, Akin Rotimi, said the lawmakers were aware of the revocation of the licence of Heritage Bank and the appointment of the Nigeria Deposit Insurance Corporation as the liquidators, in accordance with the provisions of the Banks and Other Financial Institutions Act.
