Cashless policy: Nigerians count losses in billions

Exactly five years after the much-hyped cashless policy of the Central Bank of Nigeria (CBN) became fully operational nationwide, there has been an upsurge in the wave of e-banking and other related crimes with over N2.19b lost in 2016 alone. Bukola Aroloye in this report examines the issues

What finance-related frauds have been on the increase  should be a cause of worry to all concerned, especially because such frauds ride on the back of technology. This is particularly true of electronic banking transactions, which ironically the cashless policy of the Central Bank of Nigeria, CBN, was...

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