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Banks Gear Up For Cash-lite Extension To 5 States, FCT.

In anticipation of the extension of the cash-lite policy of the Central Bank of Nigeria (CBN) to five states and the Federal Capital Territory, Abuja, by July 1, 2013, banks have started sensitising their customers on the spread…
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Implement cashless policy in phases, Reps tell CBN.

The  House of Representatives in Abuja, Yesterday being  Thursday 27th of June 2013, urged the Central Bank of Nigeria (CBN) to implement the cashless policy in phases. It also urged the apex bank to remove the charges or…
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Cashless policy: Mobile payments hit N39b in three months – CBN

The Central Bank of Nigeria (CBN), on Monday said a lot of grounds have been covered in the move towards drastically reducing the use of cash for transactions across the country as captured in the cashless policy initiative. According…
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