Download Tag: FINANCIAL SECTOR

ABSTRACT Financial transactions involving the use and movement of physical cash are gradually declining with the introduction of the CBN's Cashless policy. This development has been of great concern to economist, the government of Nigeria and financial institutions. This aim of this study is to evaluate financial and economic transactions under the new CBN's cashless policy and how the development has enhanced the financial sector of the economy of Nigeria. ...

CHAPTER ONE INTRODUCTION 1.1 Background to the Study   The recent evolution of technology for financial transactions poses interesting questions for policy makers and financial institutions regarding the suitability of current institutional arrangements and availability of instruments to guarantee financial stability, efficiency and effectiveness of monetary policy. Over the course of history, different forms of payment systems have been in existence. Initially, ‘trade by barter’ was common; however, the problems of ...