…Say Nigerian banks had zero exposure to failed banks in the USA
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele Tuesday, apologised to Nigerians for the glitches experienced while trying to effect various e-payment transactions.
Since the apex bank started the implementation of its harp-hazard and or forced cashless policy vide naira redesign which began acute cash scarcity, several transactions on the epayment channels had been hanging and this has caused several crisis and misunderstanding amongst clienteles and many Nigerians.
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 bank collapses 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.
According to Emefiele, “no depositor has lost one kobo since 2008 from bank crisis because of the prudential guidelines put in place to protect depositors fund.”
