Emefiele apologies to Nigerians over e-banking transactions

The Governor of the Central Bank of Nigeria, C-B-N, Godwin Emefiele, has apologised to Nigerians for the rise in failed electronic banking transactions.

Emefiele, who spoke at the end of the two-day monetary policy committee meeting in Abuja, assured Nigerians that the issue will be resolved quickly.

According to him, the apex’s bank payments system management department made efforts to ensure that downtime on electronic banking channels is addressed following a terrible time experienced by Nigerians through their mobile apps, USSD platforms and debit cards since the implementation of the naira redesign policy and subsequent cash shortage.