Nigeria: Cashless Economy - Banks' Antics, Customers' Agony

11 September 2011

Some banks recently raised their minimum account balances and also introduced different charges as part of measures to encourage the electronic system of payment in the country. These new steps have continued to generate a lot of controversy among the stakeholders. In this report, AMAKA IFEAKANDU captures varied reactions

The recent strategies adopted by the banks towards transforming the nation's financial system into a cashless one have continued to generate a lot of argument among stakeholders.

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