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Impact Of Cashless Policy On MSMEs, Rural Businesses

Impact Of Cashless Policy On MSMEs, Rural Businesses In 2012, the Central Bank of Nigeria (CBN) embarked on the journey to operating a cashless economy and it kindled hopes that the country was willing to play in the global financial ecosystem where digitisation is the...

How CBN’s Cash Withdrawal Limit Policy is Promoting Acceptance of e-Naira

At the launch of the e-Naira, a lot of Nigerians were not enthusiastic about the innovation as they were skeptical about its workability in the country.

Cashless Policy: Court Stops CBN’s Deposit, Withdrawal Levies

Cashless Policy: Court Stops CBN’s Deposit, Withdrawal Levies           A Federal High Court sitting in Awka, Anambra State, has ruled as discriminatory the cashless policy of the Central Bank of Nigeria (CBN) across six states and the Federal Capital Territory (FCT), where bank customers depositing or...

FAAN Implements Cashless Policy To Reduce Leakages

FAAN Implements Cashless Policy To Reduce Leakages         The Federal Airports Authority of Nigeria has promoted a cashless policy to optimise its revenue collection and reduce leakages. The Managing Director of FAAN, Captain Rabiu Yadudu, said this during the House Committee on Aviation visit to the agency’s...

MAN: Cashless Policy Implementation May Hurt MSMEs

MAN: Cashless Policy Implementation May Hurt MSMEs   The Manufacturers Association of Nigeria has said the implementation of the cashless policy may have negative impact on the Micro, Small and Medium Enterprises. The association gave the position in a statement released in Lagos on Monday by its...