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Emefiele Apologizes To Nigerians For Online Transaction Failures

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has apologised to Nigerians for the rise in failed electronic banking transactions, IGBERETV reports.

Emefiele made the apology at the end of the two-day monetary policy committee meeting in Abuja on Tuesday, March 22.

In his words;

“I must apologise. Yes, online channels fail. But no doubt it is as a result of the deluge of online transactions that hit the banking industry. But it is being resolved.

“On a daily basis, our payments system management department monitor the online payment platforms so as to make sure that when there is a downtime, they are quickly resolved so that transactions can go on smoothly.”

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