CBN To Extend Cashless Policy To Five States

The Central Bank of Nigeria (CBN) cashless policy will soon take off in five other states of the federation and the Federal Capital Territory.

At a meeting in Abuja on Tuesday, the Bankers Committee listed Ogun, Anambra, Rivers, Abia, and Kano as the next states to get a feel of the policy which began in Lagos as a pilot scheme.

The committee also warned Nigerians not to patronize owners of wonder banks, describing their activities as illegal.

 Source: Channels

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