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CBN spends N114b yearly on currency, says Lemo - The Nation

CBN spends N114b yearly on currency, says Lemo - The Nation | Electronic Payment | Scoop.it
The Nation
CBN spends N114b yearly on currency, says Lemo
The Nation
The cash-less policy he said, would help in developing the economy and attracting foreign investors, stressing that the program has been beneficial to the economy.
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CBN directs banks to keep 50% of public sector deposit as cash - Nigeria Business News

CBN directs banks to keep 50% of public sector deposit as cash - Nigeria Business News | Electronic Payment | Scoop.it
The Central Bank of Nigeria, yesterday, further reduced the amount of money in the economy by directing banks to keep 50 per cent of public sector deposits (Cashless policy?
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CBN’s cashless policy

CBN’s cashless policy | Electronic Payment | Scoop.it
Economically, Nigeria is a third world nation with low income per head, poor standard of living, unprecedented high rate of corruption, insecurity challenges, c (Economically, Nigeria is a third world nation with low income per head, poor standard...
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Expanding the Frontiers of Bank-led Cashless Initiative - THISDAY Live

Expanding the Frontiers of Bank-led Cashless Initiative - THISDAY Live | Electronic Payment | Scoop.it
Expanding the Frontiers of Bank-led Cashless Initiative
THISDAY Live
The Central Bank of Nigeria (CBN) had in January 2011 announced the commencement of cashless policy in Nigeria, beginning with Lagos as a pilot scheme.
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Mobile to replace cash as king of payment options, report says - ITBusiness.ca

Mobile to replace cash as king of payment options, report says ITBusiness.ca Although cash is the most common form of payment, it may soon be eclipsed by other up-and-coming transaction types like mobile payments, near field communication (NFC),...
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What to do when electronic payments go wrong

Data breaches and identity theft have become far more prevalent throughout the past several years, especially as more compani (What to do when electronic payments go wrong http://t.co/ic44cWbdYu)...
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Minister urges support of local OEMs - Biztech Africa

Minister urges support of local OEMs - Biztech Africa | Electronic Payment | Scoop.it
Minister urges support of local OEMs
Biztech Africa
Wincor Nixdorf sees Nigerian ATMs topping 70,000. German IT solutions provider Wincor Nixdorf AG says Nigeria's cashless economy project will drive the spread of ATMs across the country.
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