Category Archives: cashless


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The Challenges of the Cashless Policy In Nigeria and Recommendations -To be or Not to be”.

Michael Ife. It is a widely held view that the pilot phase of the cashless policy of the Central Bank of Nigeria (CBN) failed,due…
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Cashless Policy in Nigeria – To be or Not to be.

It was on early Saturday morning, I boarded a bus from Lagos to Owerri, Eastern-part of Nigeria. Close to Benin the Capital of…
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Cashless policy challenges finally Identified as connectivity Issues – E-PPAN.

As the Central Bank of Nigeria (CBN) prepares to commence the next phase of the ‘Cashless Nigeria’ project in July, the Electronic Payment…
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Banks articulates readiness to sign on iTeller, cheque truncation application

As the Central Bank of Nigeria (CBN)’s cashless policy shifts to other parts of Nigeria, the banks have further articulated their readiness to…
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More hi-tech vending machines accepting mobile payments to boost sales.

Some estimates show the number of smart vending machines in the U.S. tripling to 2 million by 2018. You know that moment, when…
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Banks reluctant to sign on cheque truncation applications

Only a few banks have adhere to CBN’s directive. Nigerian banks have not shown much eagerness to speed up the requirements of the Central…
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Stakeholders seek postponement of CBN’s cashless policy in Kano.

Stakeholders in Kano, have unanimously demanded for the postponement of the implementation of Central Bank of Nigeria’s cashless policy in the state. They…
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CBN tasked to conduct cash-less sensitisation in Nigerian languages

The Central Bank of Nigeria (CBN) has been called upon to conduct the cash-less sensitisation exercise in three major Nigerian languages so as…
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Cashless Policy: A Dream Still Far From Reality

In 2012, the Central Bank of Nigeria (CBN), introduced the catch phrase: “cashless policy”, many Nigerians were happy that at last the apex…
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Cashless, US aids tourism sector

The United States Mission has agreed to partner with the Uganda Wildlife Authority to install a cashless revenue collection system, aimed at improving…
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