Central Banking

Nigeria parliament urged to legislate on e-banking

The Nigerian National Assembly has been called upon to pass appropriate legislation that will address the problem of fraud and other peculiarities of electronic banking, if Nigeria must enjoy full benefits of e-banking.

The general manager of Zenith International Bank, Mr Charles Mekwunye made this call in Lagos Wednesday, at the on-going three-day workshop on Laws and Practice of Banking in Nigeria organised by the Lagos branch of the Chartered Institute of Bankers of Nigeria.

Speaking on "Ele