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“