Download Tag: THE IMPACT OF CASHLESS POLICY

Abstract This study examines the Impact of Cashless Policy on the Performance of Nigeria Financial Institutions. This study employs survey research design. Analytically, the research adopted descriptive statistics to highlights the effectiveness of the cash-less policy of the CBN in Nigeria. The study examines the effects of the adoption of cashless policy on the profitability performance of commercial banks in Nigeria. By using ATM and POS as proxy for the ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The importance of managing the economy efficiently cannot be over emphasized. The monetary authorities, by controlling the supply of money, maintain price stability andinfluence economic activities especially when combined with appropriate fiscal measures (Friedman, 2015). The banking system remains the major channel for monetary control by the Central Bank of Nigeria (CBN) and the monetary authorities in general. Unfortunately, it is estimated ...