News About CBN Shutting Down Online Financial Services During Election Period Fake

The Nigerian public have been urged to disregard as fake the news rumour that the Central Bank of Nigeria, CBN ordered Deposit Money Banks to shutdown online financial services for five days beginning from Thursday 23rd February.

The Association of Corporate Affairs Managers of Banks, ACAMB, denied the trending social media messages that the CBN instructed Deposit Money Banks, DMBs, to shut down services for five days because of the Presidential and National Assembly elections scheduled for February 25, 2023.

This was revealed in a statement signed and released by President of ACAMB, Rasheed Bolarinwa.

ACAMB is the umbrella body of Corporate and Marketing Communications Professionals working in Nigeria’s banking sector.

Bolarinwa told the bank customers to debunk the fake news in its entirety and wishes to assure Nigerians and the banking public that there is no iota of truth in the viral message that is being circulated.

According to ACAMB President, Up until this moment, no Deposit Money Banks or other institutions providing financial services have received any directive or communication from the CBN to close the doors of their banking halls or shut their digital platforms and online banking channels against their customers because of elections.

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