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 gathered, GTBank allegedly tweeted that Sterling Bank was demarketing its products, which led to a backlash on social media. The tweet was later pulled down, but not before it sparked a heated debate.

Here's a brief summary of the situation:

• GTBank tweeted that Sterling Bank was demarketing its products, which means that Sterling Bank was allegedly trying to undermine GTBank's business by spreading negative information about its products or services.
• The tweet sparked a massive backlash on social media, with many people criticizing GTBank for making such a claim without providing evidence.
• Sterling Bank responded by denying the allegations and calling out GTBank for spreading false information.
• The CBN got involved and asked both banks to provide explanations for the situation.
• The tweet was later pulled down by GTBank, but not before it had caused significant damage to the bank's reputation.

It's worth noting that the incident highlights the importance of responsible social media use, especially for businesses and organizations. Making unsubstantiated claims or spreading false information can have serious consequences and damage one's reputation.

What do you think about this situation? Should banks be more careful when using social media?