Tag: Cashless Policy

New naira policy is driving Nigerians mad but experts insist it’s the only way 

Around the world, currency redesigns occur regularly and in Nigeria, the naira has undergone four redesigns, with the…

Lagos State begins cashless toll-payment on Lekki-Ikoyi link bridge

Months after announcement by Lagos State Government, the cashless policy for toll payments at Lekki/Ikoyi Link bridge toll-plaza…

Cashless policy: House Committee Denies Summoning Emefiele

Chairman, House of Representatives Committee on Banking and Currency, Hon. Victor Nwokolo on Sunday dismissed media report that…

Why CBN approved new bank charges, proposed VAT increase – Emefiele

Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says the plan to increase Value Added…

BREAKING: We’re sorry for cashless policy inconvenience but… – CBN

The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the newly introduced cashless…

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…

FG Announces Plans To Begin Nationwide Implementation Of Cashless Policy

The Central Bank of Nigeria (CBN) has announced that the full implementation of the cashless policy will become…