THE IMPACT OF CBN CASHLESS POLICIES ON THE DEVELOPMENT OF FINANCIAL SECTOR 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 ...
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