About: Cash-less Nigeria

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Cash-less Nigeria is a policy established in the year 2012 by the Central Bank of Nigeria to curb excesses in the handling of cash in the Nigerian federation. It prescribed a cash handling charges on daily withdrawal above five hundred thousand Naira (N500,000.00) for individuals and three million Naira for corporate bodies (N3, 000,000.00). The policy was enforced not to eliminate the use of cash, but to reduce the volume of cash in circulation.

Property	Value
dbo:abstract	Cash-less Nigeria is a policy established in the year 2012 by the Central Bank of Nigeria to curb excesses in the handling of cash in the Nigerian federation. It prescribed a cash handling charges on daily withdrawal above five hundred thousand Naira (N500,000.00) for individuals and three million Naira for corporate bodies (N3, 000,000.00). The policy was enforced not to eliminate the use of cash, but to reduce the volume of cash in circulation. (en)
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rdfs:comment	Cash-less Nigeria is a policy established in the year 2012 by the Central Bank of Nigeria to curb excesses in the handling of cash in the Nigerian federation. It prescribed a cash handling charges on daily withdrawal above five hundred thousand Naira (N500,000.00) for individuals and three million Naira for corporate bodies (N3, 000,000.00). The policy was enforced not to eliminate the use of cash, but to reduce the volume of cash in circulation. (en)
rdfs:label	Cash-less Nigeria (en)
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prov:wasDerivedFrom	wikipedia-en:Cash-less_Nigeria?oldid=1095799489&ns=0
foaf:homepage	http://www.cenbank.org/cashless/
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About: Cash-less Nigeria

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