Just In: CBN reverses cashless policy, directs banks to refund charges
The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular released on Friday, the bank asked banks to revert to old charges and refund customers who had been debited. CBN had earlier announced new charges on deposit and withdrawals above a threshold of N500,000. [Read … Continue reading Just In: CBN reverses cashless policy, directs banks to refund charges
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