The Bankers’ Committee on Tuesday rose from its 315th meeting and announced that the biometric registration of bank customers would commence on Friday. As a result, all Deposit Money Banks will on that day commence the registration of their customers’ details, including their fingerprints. The Group Managing Director, Access Bank […]
Tag: Bankers Committee
CBN, Banks Plan 100% CRR To Stabilise Naira
The Bankers Committee and the Central Bank of Nigeria (CBN) have agreed to go nationwide with the cashless policy as well as move the cash reserve ratio (CRR) on public sector deposits to 100 per cent if the foreign reserves weaken and there was not enough dollars to defend the […]
CBN cashless policy to go nationwide June 30
The Bankers’ Committee, comprising top of officials of the Central Bank of Nigeria (CBN), led by its Governor- Lamido Sanusi, on Monday rose from its meeting with a resolve to cashless policy initiative, which is now across six states and Abuja, would become effective nationwide from June 30, 2014. The […]
