Banks refunded over N89bn to customers in June -CBN

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Banks refunded over N89bn to customers in June -CBN
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Central Bank of Nigeria (CBN) Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers

Emefiele made the disclosure during a CBN Fair held simultaneously in Cross River and Akwa Ibom with the theme, “Promoting financial stability and economic development”.

According to him, the fair became necessary to create awareness on CBN interventions and how it was impacting on the lives and businesses of the people. “Also, CBN has about 37 targeted interventions which includes The Targeted Credit Facility, Health Sector Intervention, Commercial Agric Credit Scheme, Nigerian Electricity Market Stabilisation Fund and others.

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