CIBN, {Bank} CEOs Meet IGP To Bolster Safety Of {Financial} System
The Chartered Institute of Bankers of Nigeria (CIBN), in collaboration with the Physique of Banks’ Chief Govt Officers, has met with the Inspector-Basic of Police, Kayode Egbetokun, in Lagos to strengthen the safety of Nigeria’s {financial} system.
In response to a press release by the Pressure Public Relations Officer, Benjamin Hundeyin, the assembly highlighted a shared dedication between the Nigeria Police Pressure and the banking sector to safeguard {financial} establishments as a pillar of nationwide stability and {economic} progress.
In his remarks, the Inspector-Basic careworn the robust connection between {financial} safety and nationwide safety, noting that resilient banking operations are important for sustaining investor confidence and defending Nigeria’s international credibility.
He noticed that threats confronting the {financial} sector have advanced past standard dangers similar to armed theft to extra refined challenges, together with cyber-enabled fraud, id theft, insider collusion and illicit {financial} flows.
To handle these rising dangers, Egbetokun stated the Nigeria Police Pressure is intensifying its intelligence-led technique to guard {financial} infrastructure. He referenced latest operations wherein safety businesses dismantled violent crime networks, disrupted kidnapping syndicates and recovered unlawful arms, thereby strengthening the surroundings for enterprise continuity.
The IGP additionally disclosed that he not too long ago held strategic conferences with the Director-Basic of the Securities and Trade Fee (SEC) and the management of the Nigerian Trade Group (NGX) to reinforce market integrity and investor safety.
In keeping with the Nigeria Police Act, 2020, he stated the Pressure is increasing the recruitment, coaching and deployment of Supernumerary Police Officers, generally often called Spy Police, to fulfill the specialised safety wants of banks and different important {financial} establishments.
Egbetokun reaffirmed the Police Pressure’s dedication to sustained collaboration with the banking trade, describing the sector as a strategic associate in preserving the soundness and integrity of Nigeria’s {financial} structure.
Linus Aleke in Abuja
Times Nigeria