Bankwars gtbank reports sterling bank to cbn demarketing tweet pulled down
It seems like you're referring to a recent controversy involving GTBank, Sterling Bank, and the Central Bank of Nigeria (CBN).
From what I gather, GTBank allegedly reported Sterling Bank to the CBN for allegedly engaging in demarketing activities, which is a violation of the bank's code of conduct. This led to a tweet by GTBank, which was later pulled down.
Here's a summary of the situation:
- GTBank accused Sterling Bank of engaging in demarketing activities, which is a practice where a bank tries to discredit or undermine its competitors.
- GTBank reported the alleged incident to the CBN, which is the regulatory body responsible for overseeing the banking industry in Nigeria.
- The tweet by GTBank, which was meant to expose the alleged demarketing activities, was later pulled down, likely due to the controversy it sparked.
It's worth noting that demarketing is a serious offense in the banking industry, and banks that engage in such practices can face severe penalties, including fines and even revocation of their licenses.
The incident has sparked a lot of debate and discussion on social media, with many people calling for transparency and accountability in the banking industry.