The Association of Corporate Affairs Managers of Banks (ACAMB), Chief Security Officers in Banks (CSOs), and Committee of Heads of Operations of Banks (CHOBs), have urged traders and merchants across the country to embrace electronic transactions in the midst of the lingering cash crunch.
The group made this remark during an emergency meeting held on Sunday in Lagos against the backdrop of challenges faced by Nigerians due to the implementation of the Central Bank of Nigeria’s naira redesign policy.
“Pending when all the challenges will be resolved, the bank heads appealed to Nigerians, particularly the traders and merchants to embrace and adopt the cashless policy by accepting fund transfers from their customers,” a statement issued by the ACAMB President, Rasheed Bolarinwa, said.
