CeBIH Reporter

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Tortuous journey to cashless economy

Nigeria’s desire to modernise its payment system is gaining traction. Modern ways of paying for goods and services, which were hitherto impossible some five years ago, are now possible today, thanks to the Central Bank of Nigeria’s cashless policy drive. Citizens now go to shopping malls, eateries and supermarkets with only their payment cards in […]
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Cashless policy goes nationwide July 1

The Central Bank of Nigeria on Tuesday said that the third phase of its cash-less policy would commence as scheduled in the remaining 30 states of the federation. The development was confirmed in a statement issued by Mr. Isaac Okoroafor on behalf of the Director, Corporate Communications Department of the CBN. The statement stated that […]
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CeBIH call for public support

The Committee of e-Banking Industry Heads in Nigeria (CeBIH) has called on members of the public to support the cashless Nigeria policy of the Central Bank of Nigeria (CBN). CeBIH Chairman made the call at a   seminar on Cash-lite Lagos – Evaluating the level of preparedness for January1, 2012 Launch, organised by the Committee last week. […]
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Banks Raise Investment on e-Banking Channels

Deposit Money Banks (DMBs) in the country have significantly increased the level of investment in their electronic banking channels as part of efforts to combat the rising threat to the alternative banking system. The move, would enhance confidence in electronic banking channels especially with the planned nationwide extension of the cashless policy from July this […]
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CeBIH members commence international certification on e-payment

Electronic banking professionals under the aegis of Committee of e-Banking Industry Heads have commenced the international certification on e-payments from the International Academy of Cards and Payments. According to a statement by the committee, the development follows a five-day intensive executive management training programme organised by the IACP in collaboration with CeBIH. The statement quoted […]
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