“I think the policy is in the right direction aimed at stabilising the inflation rate.” the ex-director said.
It described the videos and promotional materials as fake and had nothing to do with the bank or its group chairman.
Mrs Hakama stated that Nigeria now ranks among Africa’s most advanced digital payments markets.
The witness said as an Access Bank official, he was not privy to the workings of the state government house account.
Mr Olusi said, “Under this framework, BoI will be able to finance assets and raw materials for customers using approved non-interest banking products.’’
The naira has remained relatively stable due to the CBN reforms.
He said electronic payment fraud losses declined significantly in 2025 due to coordinated actions.
She said that failed transactions occur during network downtime, system glitches, or human input errors.
Economists said targeted interventions could help bridge the gap between projections and actual performance.
Ms Onitiri warned that fraudsters typically intensify activities during the festive period, exploiting online platforms and unsuspecting citizens.
