Cashless Policy

Vice-President Yemi Osinbajo says a cashless policy, when effectively operated in Nigeria, can help stem the surge of illicit election financing. Osinbajo spoke when he received a delegation of the EU election observation mission led by…
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By Baba Aminu The 14th Fulani Emir of Kano and former Central Bank governor, Muhammad Sanusi II has said the new cashless policy by the Central Bank of Nigeria will discourage election rigging by politicians. Sanusi in a short video on…
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Governor of the Central Bank of Nigeria (CBN)Godwin Emefiele, says the adoption of the cashless policy is in line with the apex bank strategy to eradicate fraudulent activities in the Nigerian banking system. Emefiele explained that the…
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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…
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The Central Bank of Nigeria (CBN) on Thursday said it will soon reduce much of the currency in circulation in order to make government’s cashless policy more effective. Speaking at a two-day CBN fair themed: “Promoting Financial…
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