Electronic transaction volumes increased 67% during lockdown

Electronic transaction volumes increased 67% during lockdown

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said electronic transaction volumes increased by about 67 per cent during the COVID-19 lockdown with increased transactions at agent networks.

This was contained in a statement issued by the Head, Corporate Communications and External Relations, Chartered Institute of Bankers of Nigeria (CIBN) Nelson Olagundoye, yesterday.

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Olagundoye quoted Emefiele as saying this during the 20th edition of the National Seminar on Banking and Allied Matters for Judges.

The seminar was organised by the CIBN, in collaboration with the National Judicial Institute (NJI), under the auspices of the Bankers Committee of CBN. Emefiele was represented by his deputy, Aisha Ahmad, at the seminar.

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