Cashless Policy Archives | Page 2 of 2

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

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

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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 a cashless economy. In a circular released on Tuesday, all

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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 released on Friday, the apex bank instructed banks to revert

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