The Central Bank of Nigeria’s (CBN) new naira redesign policy has also led to more customers embracing cashless banking.Information Guide Nigeria
THE GUARDIAN reports that with the ongoing cash scarcity, more people are embracing cashless banking.
The ongoing naira redesign policy has attracted diverse reactions from people at the grassroots to high-net-worth individuals and companies.JAMB Result
The CBN Governor, Godwin Emefiele, gave an insight into the expected impact of the policy on the financial system and economy.
Emefiele revealed that over N 2 trillion has been mopped up from the economy.JAMB Portal
According to THE GUARDIAN, he said: “Ordinarily, when CBN releases currency into circulation, it is meant to be used and after effluxion of time, it returns to the CBN, thereby keeping the volume of currency in circulation under the firm control of the CBN.’’NYSC Portal
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