Nigeria’s Cashless Policy Goes National

Central Bank of Nigeria’s (CBN) cashless policy implementation is now national. The policy, which was introduced in June 2012, is aimed at enhancing convenience by encouraging electronic-based transactions and reducing the amount of hard currency in circulation. Before now, the policy was operational in only major cities/state in Nigeria, including Lagos, Abuja, Abia, Anambra, Kano, Ogun and Rivers.

Are the unbanked Nigerians in rural settlements ready to embrace this fully?

Click here to read “Nigerians Debate Pros and Cons of New Cashless Policy

Jennifer Ehidiamen is a tech-savvy journalist based in Lagos. She reports on global health and development issues in Africa for Voice of America (VOA News). Jennifer also serves as a photojournalist and communications consultant. A 2013 Innovative Young Journalist Award recipient, 2013 New Media fellow for International Reporting Project, 2010 LEAP Africa award recipient and a 2009 Atlas Service Corps Fellow, Jennifer recently founded the Rural Reports project [http://www.ruralreporters.com], a news portal dedicated to grassroots citizen-reporting. She serves as an Advisory Council member for Washington DC-based One World Youth Project (OWYP). She has published three books: "In Days to Come" (2004), "Preserve my Saltiness" (2011) and "Half A Loaf And A Bakery" (2013). Jennifer graduated from the Nigerian Institute of Journalism with a degree in Mass Communication. Follow Jennifer on Twitter @Disgeneration