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Monday, October 21, 2019 / 08:14 PM / By CBN / Header Image Credit: technext
Further to our previous circular on
"Implementation of the Cash-less Policy" please be informed that
currently, the following are the existing exemptions until March 31, 2020 when
it will be reviewed:
a) Revenue generating accounts of the Federal, State
and Local Governments
b) Embassies, Diplomatic Missions, Multilateral
Agencies, Aid Donor Agencies in Nigeria, Ministries, Departments and Agencies
of Government (revenue collection only)
c) Mobile Money Operators (Float accounts only)
d) Microfinance Banks (MFBs) and Primary Mortgage Institutions (PMIs) accounts
with DMBs
Kindly ensure compliance
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