Thursday, September 29, 2022
MARKET UPDATE
Advertisement

TheCable

Advertisement

Tag "Cashless Policy"

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 cashless policy. Akintayo Aluko, the presiding judge, gave his ruling

0 comment Read Full Article

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 adopted in the recently re-introduced cashless policy. Victor Nwokolo, chairman

0 comment Read Full Article

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 blind can see that any further hiccup in oil prices

1 comment Read Full Article

Reps ask CBN to suspend cashless policy implementation

    Reps ask CBN to suspend cashless policy implementation

The house of representatives has asked the Central Bank of Nigeria (CBN) to hit the brakes on the implementation of the cashless policy it recently re-introduced. At the plenary session

1 comment Read Full Article

N1.41m bank charge on N50m deposit… CBN’s cashless policy is back

  N1.41m bank charge on N50m deposit… CBN’s cashless policy is back

The Central Bank of Nigeria (CBN) has re-introduced charges on the deposit and withdrawals of sums above N500,000 to promote

0 comment Read Full Article

CBN suspends cashless policy, asks banks to refund charges

The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular

4 comments Read Full Article

From April, banks will charge N4m on every N40m cash withdrawal

  From April, banks will charge N4m on every N40m cash withdrawal

The Central Bank of Nigeria (CBN) has announced that charges on deposits will be re-introduced. In a circular released on

8 comments Read Full Article

Nearly 9 in 10 Nigerians don’t have bank accounts

Less than 20 million Nigerians operate bank accounts, the Central Bank of Nigeria (CBN) revealed on Thursday. This means that more than 150

0 comment Read Full Article