I been wan know if all this limits and fees actually get to do with online transactions or na just withdrawal of physical cash at any withdrawal terminal?
The limit and fee/charge na just for withdrawal, wetin CBN wan do na to regulate cash wey they in circulation, them wan make people they do most of their spending via mobile and online transfer, the policy na cashless policy, so it affects only the withdrawal of physical cash. As for mobile/online transfer, the fee wey you they pay for am remains the same, nothing change via that way.
And secondly this news and development better pass the previous one because even me wey this matter no go actually affect directly I even feel bad because I know say e no suppose be so and I come dey reason the possibility of a company with over 100 workers go take cop for tis very law but thank God say fortunately them don resolve am.
My brother i no sure say you understand this cashless policy matter oh, e no get company wey they pay their workers with physical cash na, them go transfer their workers salaries to their bank accounts na. This policy only sets limit on withdrawal of cash, you can wire amounts running into millions daily via mobile/online transaction. We don discuss this matter tire, you fit go back read wetin senior men for this board don yarn about this matter, coupled with the links wey them don drop about am, so you go understand am wella.