Cashless policy
E-bills payment falls 44% in February despite CBN’s cashless policy drive
By Cynthia Ezekwe The payment of bills electronically, also known as E-bills payment,plunged 44.86 per cent in February 2023 to…
Reps ask CBN to suspend cashless policy
The house of representatives has asked the Central Bank of Nigeria (CBN) to halt the controversial cashless policy it recently…
Reactions trail CBN’s cashless policy implementation
Following the implementation of the cashless policy which began Wednesday, reactions from experts, the organised private sector and other stakeholders…
CBN increases charges on cash deposits, withdrawals
From Wednesday, September 18, 2019 charges collected by banks from individuals who deposit cash above N500,000 will increase to 2…
Nigerian startup, SureRemit raises $7m for blockchain-based remittance service
Nigerian startup, SureRemit announced Thursday that it had raised $7 million via an initial coin offering (ICO) to roll out…
Canada named world’s most cashless society as study claims switch to digital payments boosts economy
Canada has been adjudged number one in the ranking of world's most cashless societies, according to studies as reported by…
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