European journal of business, economics and accountancy vol 4, no 2, 2016 issn 2056-6018 progressive academic publishing, uk page 81 wwwidpublicationsorg.
Exactly five years after the much-hyped cashless policy of the central bank of nigeria (cbn) became fully operational nationwide, there has been an upsurge in the. Effective may 1, 2016, mahekal beach resort will become a “cashless” hotel. The central bank of nigeria (cbn) has directed deposit money banks to suspend charges on over-the-counter or atm withdrawals of.
The response of large corporates and their value chains to government policies to shift to digital payments: nigeria’s “cashless” policy.
With cashless policy, financial transactions are handled by means of credit cards, bank transfers, and checks, with no bills or coins handed from one person to another.
How can the answer be improved.
- Cashless policy (nigeria) cashless policy is a policy established in the year 2012 by the central bank of nigeria to curb excesses in the handling of cash in nigeria it prescribed a cash handling charges on daily withdrawal above five hundred thousand naira (n500,00000) for individuals and three million naira for corporate bodies (n3.
- Hi: cashless policy has significant impact on the economic growth of nigeria 15 significance of the study the study will give various insights into the various implications the introduction of the cashless policy will have on the economy of nigeria.
International journal of humanities and social science vol 3 no 3 february 2013 200 the cashless policy in nigeria.