Nigeria: Cashless Policy - Reality and Possibilities

22 November 2013

THE Nigerian banking industry has seen its own fair share of innuendo. Like other Nigerian colonial and pre-colonial institutions, the first Nigerian banks started on solid footing.

With virtually the whole of the Nigerian population operating their business and public lives outside of banking system, Nigerian banks had originally been established as extensions of mother pre-existing banks to serve imperialist interests and promote compliance in the growing civil service.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.