Banking

Nigerian banks strong, ready to support investors – Jim Ovia

The founder of Zenith Bank Plc, Mr. Jim Ovia, has said that Nigerian banks are stable, strong, solid and ready to support investors.

Speaking in Paris, France during an investment forum, Ovia said the secret behind the stability of the nation’s banking sector was because the Central Bank of Nigeria (CBN) was doing a great job in the area of regulations.

He said with the advent of BVN, the banking sector has entered the digital economy and it has made it easier for investors to track their investment and transactions giving less chances to fraud.

Ovia stressed the need for a quick deployment of the 5-G network technology on the ground that it would revolutionise every sector and leapfrog the economy.

Editor

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