Nigeria, March 23 -- The House of Representatives has asked Central Bank to direct all commercial banks to overhaul their online banking service platforms to ease electronic banking operations.

The resolution followed a motion moved by Sergius Ogun (PDP, Edo) on Thursday during plenary.

Speaking on the banking system, Mr Ogun said the online platforms have not been able to cope with the surge in transactions.

He stated that the Naira redesign policy has led to hardship and suffering because the banks cannot cope.

"In the wake of the recent naira redesign and cash withdrawal limit policy of the Central Bank of Nigeria, there has been an increase in the use of online and electronic banking services to carry out monetary transactions acr...