Tag: Cashless Policy
FAAN adopts cashless policy to checks leakage
The Federal Airports Authority of Nigeria (FAAN) has made move to plug leakage in its system by promoting cashless policy.
The managing director of FAAN,...
Banks implement charges on deposits, withdrawals above N500, 000 from April...
The nationwide implementation of the Central Bank of Nigeria’s cashless policy on deposits and withdrawals above N500, 000 comes on stream from April 1.
Guaranty...
Full implementation of cashless policy takes off April 1 – CBN
The Central Bank of Nigeria (CBN) has reiterated its plans towards the nationwide implementation of the federal government’s cashless policy. This policy is expected...
CBN defends new bank charges, proposed increase in VAT
The Monetary Policy Committee of the Central Bank of Nigeria
(CBN) has given reasons for its approval of the new charges on bank withdrawals
and deposits...
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