Today news
About the same in other media
22.12 - 19:07
22.12 - 17:53
Nigeria limits ATM withdrawals to boost digital payments
Reading now: 567
finextra.comThe limit is the latest effort by Nigeria to discourage cash usage.
The country is set to redesign high-value notes and is giving people until January to switch out their old paper money.The central bank is also planning to mint more of its eNaira digital currency, which launched last year but has yet to take off, according to Bloomberg.Says the central bank: "Customers should be encouraged to use alternative channels—Internet banking, mobile banking apps, USSD, cards, POS, eNaira to conduct their banking transactions."
. Read more on finextra.comAbout this in other media
Today in Crypto: Israel to Seize All Crypto in 150 Wallets, Nigeria to Recognize Crypto Usage, OneCoin Co-founder Pleads Guilty cryptonews.com /1 year ago
Leading Crypto Exchange Reports Outage for Several Hours with Deposits and Withdrawals Affected – Here’s What Happened cryptonews.com /1 year ago
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies cointelegraph.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
