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Tag "Cashless Policy"

Naira redesign will contract Nigeria’s GDP by N10trn in Q1 2023, says Yemi Kale

    Naira redesign will contract Nigeria’s GDP by N10trn in Q1 2023, says Yemi Kale

Oyeyemi Kale, former statistician-general of the federation, says Nigeria’s gross domestic product (GDP) would contract in the first quarter (Q1) of 2023, due to the naira redesign policy of the

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Buhari: Security-wise, cashless policy is very good — kidnapping has reduced

    Buhari: Security-wise, cashless policy is very good — kidnapping has reduced

President Muhammadu Buhari says the cashless policy is “very good” in terms of its positive impact on security. In a statement on Thursday, Garba Shehu, presidential spokesperson, said Buhari spoke

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Empowering telcos to reduce the pains of cashless policy

    Empowering telcos to reduce the pains of cashless policy

On my birthday, my prayer for Nigeria is not a cashless crunch that sends nearly everybody to the very nadir of life, but a prayer that Nigerians feel the kind

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Obaseki: Cash transactions banned in Edo government offices from March 1

    Obaseki: Cash transactions banned in Edo government offices from March 1

Godwin Obaseki, the Edo governor, has announced a ban on cash transactions in all government offices across the state. The governor said the ban would take effect from March 1.

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Naira redesign: Some soldiers can’t access digital payment services, says NSA

  Naira redesign: Some soldiers can’t access digital payment services, says NSA

Babagana Monguno, national security adviser (NSA), says soldiers serving without access to digital payment services may be negatively affected by

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Osinbajo: Cashless policy will curb illicit election financing in Nigeria

  Osinbajo: Cashless policy will curb illicit election financing in Nigeria

Vice-President Yemi Osinbajo says a cashless policy, when effectively operated in Nigeria, can help stem the surge of illicit election

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N20k maximum POS withdrawal, special waiver… 10 things to know about CBN’s cash policy

  N20k maximum POS withdrawal, special waiver… 10 things to know about CBN’s cash policy

The Central Bank of Nigeria (CBN), on Tuesday, imposed limits on weekly cash withdrawals by individuals and corporate entities. The

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Court strikes out suit challenging CBN’s cashless policy

  Court strikes out suit challenging CBN’s cashless policy

A federal high court in Lagos has dismissed a suit challenging the legality of the Central Bank of Nigeria (CBN)’s

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Cashless policy: CBN should tell us how they arrived at the charges, say reps

  Cashless policy: CBN should tell us how they arrived at the charges, say reps

The house of representatives has asked the Central Bank of Nigeria (CBN) to explain how it arrived at the charges

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When a government goes bankrupt…

  When a government goes bankrupt…

The warning signs have been there for at least 10 years, and we’ve not left Nigerians uninformed. Now, even the

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