Nigeria: Cashless Policy - Reps Order Suspension of Charges On Deposits

20 September 2019

Abuja — The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend forthwith the implementation of the charges on deposits as part of its cashless policy until appropriate and extensive consultative process is concluded.

The motion was entitled, 'Need to Suspend the Implementation of the Cashless Policy on Deposits by the Central Bank of Nigeria.'

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