CBN to remain operational while Covid-19 lasts

The Central Bank of Nigeria (CBN) Wednesday informed stakeholders and members of the Nigerian public that the Bank will remain open for business during this period of corona virus pandemic.

The Director, Corporate Communications of the apex bank, Mr. Isaac Okoroafor in a statement in Abuja said this is as a result of the current impact of the virus on the global economy coupled with efforts by the Nigerian government, including partial lockdown in some states and at the federal level, to check the spread of the virus in Nigeria.

“As a responsible public institution and regulator, we have triggered our business continuity plans to ensure that the bank’s operations remain largely undisrupted at this present time when social distancing has become key to checking further spread of the virus. We have also directed Deposit Money Banks (DMBs) and other financial institutions to do same.

“The welfare and safety of our staff and their families, and indeed all Nigerians, remain top priority to us. Consequently, with effect from Wednesday, March 25, 2020, till further notice, only essential staff of the CBN Head Office and the 37 branches of the bank will be expected to report for duty daily,” he said.

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