Bankers Give Reasons Why CBN Naira Redesign Policy Will not Work

The Central Bank of Nigeria’s naira redesign policy has exposed the weakness of the country’s banking system, according to top bank officials who spoke to THE WHISTLER.

They believe the weaknesses in the banking industry will frustrate the cashless policy aspect of the naira redesign as evidenced by the long queues in banks and the difficulties experienced by bank customers in doing online transfers.