Media reports alleged that GTBank took possession of assets belonging to Stallion Nigeria Limited in Lagos and its sister firms.
The ICPC has arrested bank officials over sabotage.
He further reiterated that the policy was not targeted at any politicians as stated by some political bigwigs.
He said with informal business, people need cash daily.
''The worrisome trend has become a style on your channel that enjoys a national coverage."
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This is to help reduce queues at the automated teller machines (ATMs) nationwide.
The development followed its recent slash in Nigeria’s rating.
It's also partnering the government of Canada to fund SMEs and agric.