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.
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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
This episode was produced by Ogheneruemu Oneyibo and Gracious Sede
Email us your feedback at firstname.lastname@example.org. Visit www.techpoint.africa for more stories.
Music - Beach by MBB
Read all Techpoint articles referenced on today's episode here. https://techpoint.africa/topics/techpoint-africa-podcast-49/ Meet Techpoint Build 2020 speakers https://twitter.com/Techpointdotng/status/1290976092124319745 Continue the conversation on Community. https://community.techpoint.africa/ Email us...
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