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IMPACT OF CASHLESS POLICY ON BANKS LIQUIDITY

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Cashless economy is an economy where transaction can be done without necessarily carrying physical cash as a mean of exchange of transaction but rather with the use of credit or debit card payment for goods and services. Omotunde et al (2013) posits that cashless economy policy initiative of the Central Bank of Nigeria (CBN) is a move to improve the financial terrain ...

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