CBN reintroduces cashless charges on bank deposits and withdrawals

The Central Bank of Nigeria, CBN, Thursday, reintroduced charges on cash deposits in banks after its' 493rd meeting with the Banker's committee, This would take effect at different dates in different parts of the country. Director, Banking and Payments Systems Department, Mr. Dipo Fatokun, announced this in a circular entitled: “Circular on nationwide implementation of the cashless policy.”