Cashless Policy

New Hybrid Payment System Ordered for Airports Following Chaotic Launch

Aviation Minister Festus Keyamo (SAN) has ordered the Federal Airports Authority of Nigeria (FAAN) to reinstate cash payments at all airport toll gates....

Air Travelers Stranded in Lagos, Abuja Gridlock as Federal Airports Pivot to Digital-Only Payments, FAAN Pleads

Departure schedules at the Lagos and Abuja airports have been thrown into disarray as travelers continue to miss flights due to crippling traffic...

Bank notes scarcity: Time up for PoS operators?

To avoid putting up with massive crowds at banking halls and ATMs, Nigerians who are looking for cash have to choose between paying...

Nigerian law allows N70m cash for lawmakers during election, says House of Rep members

The House of Representatives Adhoc Committee on Naira Redesign Policy, Cashless Policy, and Currency Swap, led by Ado Doguwa, has declared that it...

Suspend cashless policy, Reps orders CBN

  The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN), to suspend the directive mandating financial institutions to levy...