The Central Bank of Nigeria has said the planned implementation of its cash-less policy outside Lagos State in stages may be delayed further. The CBN Deputy Governor in charge of operations, Dr. Tunde Lemo, said this during a seminar, titled, ‘Embracing Federal Government’s Financial Sector Reforms for the Rapid Transformation […]
Tag: Cash-less Policy
CBN, NDIC to Insure Mobile Money Subscribers
The Central Bank of Nigeria (CBN) yesterday said it is working closely with the Nigeria Deposit Insurance Corporation (NDIC) to design an insurance so as to protect customers in the event of failure of any of the mobile payment operators. Director, Banking and Payment Department, CBN, Mr. Oladipupo Fatokun, said […]
Cash-less policy: Ecobank unveils mobile money product
Ecobank Nigeria Plc on Thursday unveiled a new product titled Ecobank Mobile Money in a bid to promote the cash-less policy. According to the bank, the product is specially designed to deepen financial inclusion for all classes of Nigerian citizens, especially those in the rural and semi-urban areas. The Managing […]
