Naira redesign: Emefiele apologises for e-payment defects

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has apologised to Nigerians for the glitches experienced while trying to effect various e-payment transactions.

Emefiele made the apology at the post Monetary Policy Committee (MPC) briefing in Abuja on Tuesday.

The CBN governor admitted that some “isolated cases still persist” but these cases were being resolved.

Responding to questions on the soundness of Nigerian banks in the wake of several banks collapse in the United States of America, Emefiele said Nigerian banks had zero exposure to the failed banks in the USA.

As a result, he assured that all Nigerian banks are safe and sound thanks to the existing prudential guidelines instituted by the CBN to protect banks against collapse that will wipe out depositors’ money.

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