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Bank Customers Grapple with Cashless Policy in FCT

By Globasure

July 2, 2013

Bank customers in the Federal Capital Territory (FCT) are still grappling with the Central Bank of Nigeria (CBN’s) cashless policy, which commenced Monday. The other states where the initiative commenced Monday were Rivers, Kano, Anambra, Ogun and Abia.…

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Finally, Cashless Policy Goes Live In Abuja, 5 States

By Globasure

July 2, 2013

After 18 months of running a pilot scheme of the cashless banking policy in Lagos State and several postponements of its extension to other states, the Central Bank of Nigeria (CBN) has, finally, extended the policy to Abuja…

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Complying with CBN’s Policy on Cashless Economy – Globasure News Updates.

By Globasure

July 3, 2013

The maximum amount of transactions over-the-counter (OTC) cash withdrawal for third-party cheques of N150,000.00 presently operational in Lagos has been extended nationwide effective June 1, 2013 for individual and corporate accounts. Further to this, the CBN cashless policy will commence in…

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