A week after the revelation by the Central Bank of Nigeria that some banks were circumventing the cash-less policy, our correspondent has gathered that senior officials of banks are indeed aiding big-time customers to evade charges on deposits and withdrawals above the minimum limits so that the customers will retain […]
Tag: Cashless Policy
Court dismisses suit against cash-less policy
The Federal High Court sitting in Abuja has dismissed a suit instituted against the cash-less policy initiative of the Central Bank of Nigeria. In a suit filed on behalf of eleven Riverine Communities, challenging the policy which restricts cash withdrawals and lodgements to a daily limit, the judge, Honourable Justice […]
