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CBN Speaks On Shutting Down Bank Transactions Ahead Saturday Presidential Election…

newsonspotadmin by newsonspotadmin
February 23, 2023
in Banking News
Reading Time: 1 min read
0
CBN

The Central Bank Of Nigeria (CBN) has denied plans to shut down financial transactions from tomorrow Thursday 23rd Of February, 2023 till Monday, 27th of February 2023.

Statements about the apex bank shutting transactions from the 23rd to the 27th of February, in a bid to quell vote buying in the general elections set to hold on Saturday, went viral on social media, with many reposting it.

The reports read:

“CBN Plans to shut down financial transaction from Thursday 23 of February till 27th of February.

Go and stock your home. Anyhow, you can get money between today and tomorrow, get and keep it, also whatever transfer you want to do, do it between today and tomorrow, information am hearing is that, as from Thursday, bank network will go off till Sunday or Monday, so that politician will not be able to transfer money to anybody for vote, so buy enough food at hom , do your transfer now. Because the next five days will be difficult. Please.”

But in a swift statement on Wednesday a tweet this evening by CBN’s Director of Corporate Communications, Osita Nwanisobi, described the statement as fake.

He further warned the general public to be wary of fake and unverified news.

See tweet below

Tags: CBNCBN’s Director of Corporate CommunicationsCentral Bank of NigeriaNewsonspotNo Plans to Shut Down Financial TransactionsOsita Nwanisobi
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