The Central Bank of Nigeria (CBN) has assured the public that Keystone Bank remains stable and fully operational despite a recent court order mandating the forfeiture of its shares to the Federal Government.
![](https://thenigerialawyer.com/wp-content/uploads/2026/09/2026-IDRI-Masterclass.png")
In a statement issued on Wednesday, February 14, 2025, the CBN emphasized that the ruling does not affect the bank’s operations or the safety of depositors’ funds. The apex bank reaffirmed its commitment to maintaining financial system stability and protecting customer interests.
“For clarity, the Court Order merely reaffirmed the Central Bank of Nigeria’s prior decision to take over the management of Keystone Bank Limited in January 2024, following a change in its leadership,” the statement read.
Since assuming control, the CBN has closely monitored Keystone Bank to ensure regulatory compliance, operational transparency, and depositor security. The central bank reassured customers that there is no cause for concern, urging them to continue their transactions with confidence.
“As part of our commitment to safeguarding the financial system and building public trust, we shall continue to monitor the bank’s performance and take all necessary steps to protect the interests of depositors, staff, and stakeholders,” the CBN added.
[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation
______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence
Interested buyers are encouraged to place their orders and enquiries via:
0704 444 4777, 0704 444 4999, 0818 199 9888
Website: www.alexandernigeria.com
