Nchetachi ChukwuajahThe Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communications professionals working in Nigeria’s banking sector, has debunked rumours trending on social media that the Central Bank of Nigeria (CBN) will shutdown banking services for five days between February 23 and 27 because of the general elections. In a statement signed on Wednesday by its president, the association said that no Deposit Money Bank (DMB) or other institutions providing financial services in the country has received such a directive from the CBN. “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. “ACAMB calls on Nigerians to be peaceful and orderly during the elections and wishes the nation successful conduct of free, fair and credible elections,” he added.

Source: Nigerian Tribune February 23, 2023 09:54 UTC