Inside Nigeria’s quest to go cashless

Lack of Infrastructure stalls CBN cashless policy

Efforts by the Central Bank of Nigeria for a cashless society will suffer challenges as a result of a lack of adequate infrastructure.

As Nigeria prepares for a future in which banks would no longer give citizens more than N20,000 cash per day and N100,000 per week, with most transactions being conducted through digital banking channels, BusinessDay looks back at how far it has come. Although the Central Bank of Nigeria (CBN) in

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