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
👉 Relocate to Canada Today!
Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada
Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment.
.
Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,.
.
All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).
.
.
The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.
.
We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us for immediate removal.
