Tag: cashless policy
Edo govt to key into FG’s cashless policy effective March 1 – Obaseki
By Jethro Ibileke Governor Godwin Obaseki of Edo State has hinted that effective March 1, 2023, the state government will…
Cashless policy: CBN clarifies transaction charges
The Central Bank of Nigeria (CBN) says the transaction charges on deposit and withdrawal in furtherance of the implementation of…
Why CBN should sensitise Nigerians on cashless policy – don
Dr Aminu Usman, Head, Economics Department, Kaduna State University, has urged the Central Bank of Nigeria (CBN) to carry out…
Read what you lose for deposits or withdrawals above N500K
Banks have notified customers about the extra cash they will lose to the treasury when they make cash withdrawals above…
CBN suspends charges on large withdrawals
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of…
CBN backpedals on cashless policy, asks banks to refund charges
In what could be described as a policy reversal, the Central Bank of Nigeria (CBN) on Friday suspended its earlier…
Tackling The Threat Of Cyber Crime In Nigeria
A fortnight ago, Mr Adebayo Adelabu, deputy governor, Financial Systems Stability, Central Bank of Nigeria, said 2.4 per cent of…
Cashless policy: CBN gives 1year waiver on withdrawal charges
The Central Bank of Nigeria has granted one year withdrawal waiver charges on individual and corporate accounts in the remaining…
CBN’s Cashless Policy Takes Effect Nationwide 1 July
The cashless policy introduced by Central Bank Of Nigeria, CBN, in Lagos in 2012 and in five states and the…
CBN extends cashless policy to Abuja, 5 more states
The cashless policy of the Central Bank of Nigeria, which has been in force in Lagos since last year, has…
N5,000 Note Will Further Devalue The Naira
By Lajuwon Lasisi There was a time when tortoise resolved to gather all wisdom of the world into a gourd…
Consolidating The Cashless Policy
Less than six months to Nigeria’s nationwide adoption of the cashless economy policy, the Central Bank of Nigeria puts measures…
Cashless Policy Boosts Activities In Money Market
The Nigerian money market witnessed increased activities in April with the take-off of the pilot stage of the cashless policy…
CBN Identifies Problem Of Cashless Policy
Malam Sanusi Lamido Sanusi, Central Bank Governor, has attributed the challenges witnessed with electronic transfer on cashless policy to low…
Cashless Economy: Nigerians Want More Awareness
A cross section of Nigerians have urged the Central Bank of Nigeria (CBN) to carry out more enlightenment campaigns on…
CBN’s Hasty Cash-Less Policy
The Central Bank of Nigeria, CBN, cashless policy which it began implementing in Lagos from the beginning of January this…