Tag: Cashless Policy
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Igbo youths reject CBN’s policy on Cash withdrawal limit
A group known by the name the Coalition of South East Youth Leaders, (COSEYL), has called against the new policy introduced by the Central Bank of Nigeria to limit daily and weekly cash withdrawals in the country as from the 9th of January.
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Court strikes out suit challenging CBN’s cashless policy over lack of proof
Justice Akintayo Aluko struck out the suit on the grounds of incompetence
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Reps ask CBN to halt implementation of cashless policy on individual, corporate accounts
From Jonas Ike, Abuja The House of Representatives on Thursday asked the Central Bank of Nigeria CBN to suspend the implementation of its cashless policy on individual and corporate accounts until all the relevant stakeholders are consulted in the country This was sequel to the adoption of a motion of urgent public importance by Hon.Benjamin…
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LCCI faults ‘short notice’ of CBN’s cashless policy, demands more time, enlightenment
The Lagos Chamber of Commerce and Industry (LCCI) has asked for more time for the implementation of the cashless policy. In a statement, its Director- General, Muda Yusuf said the latest Central Bank of Nigeria’s (CBN) circular should have given a much longer notice to economic players, including enlightenment. He said the effective date is…