BREAKING: Reps orders CBN to suspend cashless policy

The House of Representatives has asked the Central Bank of Nigeria to suspend the planned Cashless policy.

The House resolved to mandate the committee on banking to investigate the policy and report to the House in 4 weeks.

The decision followed a motion of urgent public importance moved by Benjamin Kalu

Recall that the Central Bank of Nigeria (CBN) announced this week that the full implementation of the cashless policy will become effective from March 31, 2020.

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