TheCable Fact Check
  • Home
  • Fact Check
  • Fake News
  • Check Am For Wazobia
Reading: FAKE NEWS ALERT: CBN denies withdrawing licences of Unity, Keystone Banks
Share
Latest News
FRSC sị̀ nà íhé ńgósị́ ébé ńdị́ ọ́rụ́ ha nà ónyé ọ̀kwà ụ́gbọ́àlà nà-ènwé ńsògbụ́ mèrè n’áfọ̀ 2020
FRSC sọ pé 2020 ni ìjà láàárín àwọn òṣìṣẹ́ àwọn àti onikẹkẹ maruwa tí áwọn ènìyàn ń pín fídíò rẹ̀ ṣẹlẹ̀
Viral video wey show kasala between keke rider and our officers na from 2020, na so FRSC tok
Bidiyon bidiyo na arangama tsakanin direban babur, jami’an mu daga 2020, in ji FRSC
È nwélá ọ́nwụ́ ńdị́ ụ́kà nà Naijiria n’áfọ̀ 2025 kárị́á ọ́nụ́ ọ́gụ́gụ́ ndị́ Palestinian é gbụ́rụ́ na Gaza?
Na true sey dem kill Christians for Nigeria dis year pass Palestinians for Gaza?
Ǹjẹ́ àwọn ẹlẹ́sìn ìgbàgbọ́ tí wọ́n pa ní Nàìjíríà ju àwọn ọmọ Palestine tí wọ́n pa ní Gaza lọ ní 2025?
Yi Kiristoci da aka kashe a Nijeriya a 2025 sunfi na faltunawan dake Gaza?
Advertisement
Aa
TheCable Fact CheckTheCable Fact Check
Search
  • Home
  • Fact Check
  • Fake News
  • Check Am For Wazobia
Follow US

FAKE NEWS ALERT: CBN denies withdrawing licences of Unity, Keystone Banks

Aderonke Oni
By Aderonke Oni Published July 11, 2024 2 Min Read
Share

The Central Bank of Nigeria (CBN) has denied withdrawing the licences of Unity Bank and Keystone Bank.

A circular, purportedly from the CBN, had been shared on social media, advising all affected customers to withdraw their money from the banks using an automated teller machine (ATM) card or transfer their funds to another bank before it is too late.

“CBN has withdrawn the licences of Heritage Bank, Unity Bank and Keystone Bank respectively,” the circular had said.

“All the customers affected should try and withdraw all their money there using ATM CARD Or transfer all the money to another bank now before it will be too late.

“Please let’s circulate this information to our colleagues, family and friends. Let’s be of help to others.”

However, in a post on X on Wednesday, CBN said it did not issue any circular announcing the withdrawal of licences of the banks.

The CBN said the viral circular was fake and intended to mislead the public.

On June 3, CBN announced the revocation of Heritage Bank’s licence with immediate effect.

The regulator said the decision followed the bank’s inability to improve its financial performance.

Following the revocation, some reports online claimed that the apex bank would terminate the licences of Unity Bank, Polaris Bank, and Keystone Bank.

However, on June 4, CBN said the content was not authentic, adding that it has no plans to revoke the licences of the three banks.

On June 10, CBN assured the public that the banking system and depositors’ funds were safe.

TAGGED: cbn, fake news, Heritage Bank, Polaris Bank, Unity Bank

Please send your feedback, claims to fact check and corrections requests to [email protected]

Aderonke Oni July 11, 2024 July 11, 2024
Share this Article
Facebook Twitter Email Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POSTS

Advertisement

FRSC sị̀ nà íhé ńgósị́ ébé ńdị́ ọ́rụ́ ha nà ónyé ọ̀kwà ụ́gbọ́àlà nà-ènwé ńsògbụ́ mèrè n’áfọ̀ 2020

Ngalaba Federal Road Safety Corps (FRSC) akọwala n'ihe ngosi ebe onye ọ̀kwà ụgbọala ụkwụ atọ…

August 22, 2025

FRSC sọ pé 2020 ni ìjà láàárín àwọn òṣìṣẹ́ àwọn àti onikẹkẹ maruwa tí áwọn ènìyàn ń pín fídíò rẹ̀ ṣẹlẹ̀

Àjọ tó ń rí sí ààbò àwọn awakọ̀, àwọn tí wọ́n ń rìn lójú ọ̀nà…

August 22, 2025

Viral video wey show kasala between keke rider and our officers na from 2020, na so FRSC tok

The Federal Road Safety Corps (FRSC) don describe one viral video wey show as keke…

August 22, 2025

Bidiyon bidiyo na arangama tsakanin direban babur, jami’an mu daga 2020, in ji FRSC

Hukumar kiyaye hadurra ta kasa (FRSC) ta bayyana wani faifan bidiyo da ke nuna wani…

August 22, 2025
Advertisement
Advertisement

YOU MAY ALSO LIKE

FAKE NEWS ALERT: We didn’t declare Iyabo Ojo wanted, say police

The Nigeria Police Force (NPF) has denied viral reports claiming that actress Iyabo Ojo was declared wanted for questioning. A…

Fact CheckFake News Alert
August 21, 2025

MISINFO ALERT: Viral video of clash between tricycle rider, our officers from 2020, says FRSC

The Federal Road Safety Corps (FRSC) has described a viral video showing a tricycle rider confronting its officers in Benin…

Exclusives & FeaturesFact Check
August 21, 2025

DISINFO ALERT: Photo showing European leaders ‘sitting outside Trump’s office’ is doctored

A viral photo purports that European leaders recently camped outside the office of US President Donald Trump in the White…

Fact CheckTop Stories
August 21, 2025

MISINFO ALERT: No evidence Shettima said ‘N8,000 can change the life of a youth’

A viral post claiming that Vice-President Kashim Shettima said “N8,000 can change the life of a youth” has resurfaced on…

Fact Check
August 19, 2025

CableCheck seeks to provide reliable tools and resources for readers to tackle the menace of fake and misleading materials constantly pushed into the public space from various sources. We monitor the accuracy of claims made in traditional and social media. We also provide a tracker to hold politicians and policymakers accountable for the plans and promises they make to the public. CableCheck is a project of the Cable Newspaper Journalism Foundation (CNJF), supported by the MacArthur Foundation and implemented by TheCable newspaper.

Follow US: 

LINKS

  • Contact
  • About Us
  • Non-Partisanship Policy
  • Funding
  • Correction Policy
© Copyright TheCable. All Rights reserved.
Welcome Back!

Sign in to your account

Lost your password?