Entertainment 'The whole thing reeks of a desperate move to generate revenue' - Don Jazzy reacts to CBN's plan to charge on deposits, withdrawals above 500 - LIB

[Nigeria News]

The Central Bank of Nigeria (CBN) just announced that the full implementation of the cashless policy will become effective from March 31, 2020.

In the circular titled: “Re: Implementation of the Cashless Policy,” that was addressed to all banks, it announced the commencement of charges on deposits in addition to already existing charges on withdrawals



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