The Central Bank of Nigeria has debunked claims that some banks in Nigeria are distressed.
In a statement issued and signed today July 6, 2016, by its acting Director of Corporate Communications, the apex bank stated that neither Skye Bank which it took over its management few days ago nor any other bank in Nigeria, was distressed. The bank in the statement assured Nigerians of the safety of their deposits in any Nigerian bank and advised against panic withdrawals. The statement read:





