Cashless goes nationwide
After years of postponement, while sensitizing the populace, the cashless policy looks set to stay.
Tag: cashless policy
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 ...
CBN exempts federation accounts, microfinance banks, ministries, others from new Cashless Policy
The CBN has exempted all revenue-generating accounts of government agencies, and several others from charges on cash withdrawal and deposits.
CBN offers clarification on cashless policy, but Nigerians aren’t having it
Nigerians are not here for CBN's (@cenbank) tweet this morning trying to clarify the rather controversial cashless policy.
Outrage as Nigerians react to new CBN deposit and withdrawal charges
More reactions have continued to trail the Central Bank of Nigeria’s partial implementation of deposit and withdrawal charges for individuals ...
LCCI reacts to CBN’s new cashless policy, says time frame is disruptive
The Lagos Chamber of Commerce and Industry (LCCI) has reacted to the CBN's cashless policy saying time frame is disruptive.
PwC’s Taiwo Oyedele critiques CBN’s newly-implemented cashless policy
See what PwC Nigeria's (@PwC_Nigeria) Tax Lead, @taiwoyedele, said about Central Bank of Nigeria's (@cenbank) newly-implemented cashless policy.
