The Central Bank of Nigeria (CBN) has reportedly told Nigerians that Keystone Bank is safe and working well, despite a recent court ruling.
The court ordered that the shares of Keystone Bank, previously owned by its shareholders, should be handed over to the Nigerian government.
This decision made some customers worried, but the CBN has said there is no reason for concern.
Mrs Hakama Sidi Ali, who speaks for the CBN, said the bank is stable, and customers’ money is safe.
She explained that the court’s decision only confirmed the CBN’s earlier action in January 2024, when it took control of Keystone Bank after changing its management.
Since then, the CBN has been watching the bank closely to ensure it follows all rules and protects customers’ interests.
The CBN promised to keep monitoring the bank and take any steps needed to protect depositors, staff, and other stakeholders.
Customers with questions are advised to contact Keystone Bank’s customer service or visit any branch.
The CBN assured Nigerians that the banking system is stable, and there is no need to panic.
