cashless policy
42
-
Economy
Cashless Policy: Finally, Banks To Start Implementing Charges On Withdrawals, Deposits
Post Views: 706 Eighty months after the introduction of the cashless policy initiative in January 2013, and several postponements, the…
Read More » -
Business
CBN Suspends Charges On Excess Cash Withdrawals
Post Views: 1,617 • Orders Banks To Refund Already Collected Charges In an unprecedented move, the Central Bank of Nigeria…
Read More » -
Business
Nigeria’s Currency-In-Circulation Shrinks By N205.54bn YTD
Post Views: 1,634 Latest data from the Central Bank of Nigeria (CBN) shows that currency in circulation contracted by just…
Read More » -
Business
Penalty On Excessive Cash Transactions Takes Off In Six States, FCT
Post Views: 1,322 Banks in Nigeria will from Monday, April 3, 2017, begin to impose punitive charges on cash transactions…
Read More » -
Economy
CBN Imposes 10% Penalty On Bank Withdrawals Above N40m
Post Views: 1,985 Apparently worried by the seemingly high level of currency-in-circulation (outside of the nation’s banking system), the Central…
Read More » -
Currency In Circulation Rises 17.28% YoY To N2.179tr In Dec
Post Views: 1,344 *Jumps N514.67b In Six Months In what may suggest the need for a review of implementation of…
Read More »