Cash withdrawal chaos frustrates Nigerians as ATMs fail and POS operators struggle
Frustrations continue to rise among Nigerians as they face persistent challenges accessing cash due to limits on ATM withdrawals and ...
Tag: cashless policy
Building a robust foundation: Assessing Nigeria’s payment infrastructure readiness for a digital future
“Card or transfer?” is a question most Nigerians are now familiar with when making payments, however, that question would have ...
Nigeria records N234 trillion e-payment transactions in Q1 2024
From January to March, there was a steady rise in the amount of payment transactions carried out over the various ...
Vice President Osinbajo says cashless policy will help track election financing
Nigeria’s Vice President, Yemi Osinbajo, had said that when effectively operated, a cashless policy in Nigeria, will help stop the ...
Nigeria will be better off with a cashless society
A cashless society will, among other benefits, improve Nigeria's informal sector
Cashless goes nationwide
After years of postponement, while sensitizing the populace, the cashless policy looks set to stay.
REMINDER: Nationwide implementation of cashless policy starts April 1st
Some commercial banks in the country have begun issuing reminders to their customers ahead of 1st April 2020 takeoff of CBN's cashless policy.
CBN issues new rule for e-payment channels, threatens to sanction non-compliance
The CBN has continued to give directives that deepen its cashless policy with its new rule for the use of ...
FG reviews N50 stamp duty charge to transactions above N10,000
The Nigerian government has reviewed its policy on stamp duty charges, levied on electronic payment.
PoS transaction is cheaper, CBN not asking for much – Globus Bank MD, Elias Igbinakenzua
Elias Igbinakenzua said the charges on PoS transactions are cheaper and it’s a way to motivate Nigerians to embrace CBN's ...
