This episode is also available on YouTube - https://youtu.be/Xi1ec1PYKRI
Today on the Techpoint Africa Podcast, our reporters discuss the new withdrawal restrictions imposed by the Central Bank of Nigeria (CBN).
On Tuesday, December 6, 2022, the CBN issued a new directive to reduce withdrawal at ATMs and PoS terminals to ₦20,000 ($27) per day to further cashless policy. We look at how it will affect citizens, especially those operating in the informal sector.
To advertise or promote your brand, visit this link or send an email to business@techpoint.africa
Timestamps
00:00 - Intro
03:12 - Why is CBN doing this
04:29 - Inflation or cashless policy: CBN's endgame
05:50 - What this means for Nigeria's cash-driven economy
08:28 - Who are the biggest winners
Useful links
This episode was produced by Ogheneruemu Oneyibo and Gracious Sede
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.
Music - Beach by MBB
Read all Techpoint articles referenced in today's episode here. https://techpoint.africa/topics/techpoint-africa-podcast-70/ Build the money of the future: https://currency.techpoint.africa Continue the conversation on Community. https://community.techpoint.africa/ Subscribe...
This episode is also available on YouTube - https://youtu.be/Qv9e9VCzo10 This week on the Techpoint Africa Podcast, we look at tech news from the African...
This episode is also available on YouTube - https://youtu.be/3fRaDQXM-JY Today on the Techpoint Africa Podcast, our reporters discuss several stories that broke this week...