Wednesday, November 21, 2012

Nigeria: Central Bank looking to offer incentives to grow cashless economy

To ensure the success of Nigeria’s cashless scheme, the Central Bank of Nigeria has disclosed plans to introduce incentives for traders through commercial banks.

While speaking at a cashless policy seminar organized by the Lagos Chamber of Commerce and Industry (LCCI), Nigeria central bank Deputy Governor, Tunde Lemo, said based on the report generated from the appraisal of the Lagos roll-out of the cashless scheme, some far-reaching decisions would be taken to improve the

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