An umbrella body of corporate and marketing communications in Nigeria’s banking sector, the Association of Corporate Affairs Managers of Banks (ACAMB) has debunked rumours trending on social media that the Central Bank of Nigeria (CBN) will shut down banking services for five days between February 23 and 27 because of the upcoming elections.

In a statement signed on Wednesday by ACAMB president, no Deposit Money Bank (DMB) or other financial institution has received such a directive from the CBN.Information Guide Nigeria

According to NIGERIAN TRIBUNE, Bolarinwa said, “Up until this moment, no Deposit Money Banks (DMBs) or other institutions providing financial services have received any directive or communication from the CBN to close the doors of their physical banking halls or shut their digital platforms and online banking channels against their customers because of elections.”NYSC portal

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“Customers who wish to carry out transfers or use electronic banking services will have unhindered access to these services before, during, and after the elections.

“ACAMB urges Nigerians not to panic and to also avoid uncontrolled spending as a result of the fake news about the alleged plan to shut down bank branches and all digital banking channels.

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“Members of the public should discountenance the trending message maliciously concocted by its faceless authors to cause disaffection among the citizenry and the DMBs.

“ACAMB calls on Nigerians to be peaceful and orderly during the elections and wishes the nation successful conduct of free, fair and credible elections.”JAMB Result