The Chartered Institute of Bankers of Nigeria has reassured Nigerians that the banking sector in the country remains very sound and safe.Information Guide Nigeria

According to PUNCH, the CIBN reiterated the statement of the Central Bank of Nigeria and added that CIBN is the only body best suited to assess the strength of the financial industry in Nigeria.

CIBN said, “We equally like to allay the fears around the shortage of materials for printing the new naira notes, which the CBN has also discredited.NYSC portal

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“This has also been debunked in a widely circulated press release by the Nigeria Security Printing and Minting Company, which described the story as false, baseless and misleading.”JAMB Result

Ken Okpara, the President of the Council of CIBN, implored Nigerians to disregard any contrary information as the entire banking community remains focused, committed, and working round the clock to address all the contending issues with a view to restoring normalcy soon.