16 results
- 26 Mar 2012
Cashless Regime: Experts Warn of Dangers of Storage, Ring Solution
Data experts have painted a gloomy outlook for financial institutions and IT firms in the country in view of the expected explosion in information generation in the current cashless regime urging for…
- 9 Oct 2013
EPPAN Calls for Upgrade of Infrastructure for Cashless Regime Boom
Electronic Payment Providers Association (EPPAN) has reiterated the need for Nigeria to upgrade its infrastructure ahead of the boom in ePayments in the country, even as it stressed that more…
- 6 Feb 2012
FirstBank Holds 31% of Card Market, Poised for Cashless Regime
First Bank plc, Nigeria’s oldest commercial bank, said it was ready to fully implement the recently introduced ‘cash-less’ policy announced by the central bank of Nigeria (CBN) on the…
- 19 Mar 2012
Cashless Policy: Active PoS Terminals Hit 30,000
Chike Onwuegbuchi Cashless Policy: Active PoS Terminals Hit 30,000 Total active point of sale (PoS) terminals, electronic devices used for verifying and processing transactions at merchant locations…
- 12 Jan 2013
Experts Thump Up CBN’s Cashless Policy
The cash-less policy of the Central Bank of Nigeria (CBN) designed to reduce cash-based transactions is working despite the teething problems according to some experts who spoke to Nigeria…
- 10 Apr 2014
Remita Extends e-Payment Frontiers, Sponsors Corporate Football Tournament
Eight corporate organisations would vie for the coveted Remita Corporate Championship trophy in a football tournament in Lagos The electronic payment space has been extended further as Remita, the…
- 28 Feb 2012
Cashless: Experts Warn Against Corporate Greed
Financial experts have warned against the possible hijack of cashless policy of the Central Bank of Nigeria (CBN) by a few individuals or corporations and urged the apex bank to move against limits…
- 15 Oct 2012
Rising Cyber Terrorism Spreads Panic in Nigeria
The rise and rise of cyber attacks on organizations suggest that Nigeria now face even more perilous times than the activities of the Boko Haram , the dreaded Islamist sect, Nigeria…
- 22 Feb 2023
Supreme Court Adjourns Naira Redesign Policy Case to March 3
The Supreme Court on Wednesday fixed March 3 for judgment in the suits filled by some State Governors against the Federal Government over the cashless policy by the CBN in old Naira note withdrawal.…
- 7 Mar 2015
Dissecting CBN’s Cashless Programme In A Cash-Oriented Society
In 2012, when the Central Bank of Nigeria introduced the cashless policy, the crux of the objectives was to encourage more electronic-based transactions for payments of goods, services, and…
- 4 Jul 2012
Local Content: FG Pushes for Local Production of SIM Cards, Others
The federal government is worried that very little of the $18 billion Foreign Direct Investment (FDI) in the telecom sector over the years is retained in the country and has begun moves for …
- 4 Jun 2013
New CBN's Cash Regime Takes Toll on Customers in the East
Several bank customers remain stranded in banking halls in the Eastern Nigeria coal mining capital, Enugu Monday as a new Central Bank of Nigeria (CBN) monetary policy on cash withdrawals takes…
- 11 Mar 2013
CBN Imposes N150, 000 Cheque Withdrawal Limit Nationwide
Central Bank of Nigeria (CBN) said that it will from June 1, implement a policy that places N150,000 limit on all over-the-counter cheque withdrawals in commercial banks, microfinance banks and…
- 9 Sept 2013
Banks, Environment Fuel High Interest Rate- CBN
Central Bank of Nigeria (CBN) has accused banks in the country of fueling the high interest rate ghost killing employment creation drive and generally haunting the country, Nigeria CommunicationsWeek…
- 12 Dec 2012
Politics of ATM Charges Withdrawal
The Bankers’ Committee’s decision to suspend all charges accruing from the use of Automated Teller Machines (ATMs) of other banks may have adverse effect on the industry if the cost of removing the…
- 8 Sept 2019
EcobankPay, Xpresspoint Agents Leveraging Technology to Expand Financial Inclusion - Akinwuntan
Patrick Akinwuntan, managing director, Ecobank Nigeria, has disclosed that the Bank is leveraging technology to push the frontiers of financial inclusion of the unbanked and under-banked in the…