Reps urge CBN to address difficulties in online banking transactions

The House of Representatives on Thursday urged the Central Bank of Nigeria (CBN) to address the difficulties faced by Nigerians in using electronic banking platforms.

This followed the adoption of a motion moved by the lawmaker representing Esan North East/South East Federal Constituency in Edo State, Sergius Ogun, at the plenary in Abuja.

The redesign of the naira notes led to an increase in the use of electronic channels including Point of Sale (PoS), debit cards, and USSD platforms for banking transactions.