cashless policy

The Central Bank of Nigeria (CBN) has explained that under the cashless policy, agent locations are omitted from paying processing fees or tax on cash out done. The central bank also said they would constantly take proactive…

The House of Representatives on Thursday asked the Central Bank of Nigeria to suspend the planned Cashless policy. The House mandated the committee on banking to investigate the policy and report back in 4 weeks. The decision followed…

The Central  Bank of Nigeria (CBN) has that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said this in a circular to all Deposit Money Banks (DBN) in the country. It said that…