by Akan Ido
In what looks like a frantic bid to encourage the use of coins, the Central Bank of Nigeria (CBN) is planning on facilitating the introduction of Automated Teller Machines (ATMs) capable of dispensing coins into the system.
The Apex bank reckons that the innovation will encourage the acceptance of coins and help change the perception of people against its usage.
The CBN Head of Shared Services, Chidi Umeano, on Monday explained the bank’s plan to the press saying, “To achieve this plan, what is needed is to facilitate the inclusion of a process called ‘add-on’ to the ATMs.
It’s raining coins Alleluyah…!