Cash-strapped Nigerians besiege POS locations despite over 20% charges
Cash-strapped Nigerians are thronging point-of-sale shops despite over 20 percent charged on every withdrawal
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Volume of e-payment transactions reflects Nigeria’s cashless policy progress
The volume of e-payment transactions in the last 10 years show that Nigeria has made progress on the cashless policy.
Naira shortage threatens first quarter GDP growth
The current cash shortage will likely lead to a drop in Nigeria’s gross domestic product (GDP) growth in the first quarter of 2023, according to analysts.