Impact of Introduction of Cashless System on the Nigerian Economy (a Case of First Bank Plc Afikpo)
Impact of Introduction of Cashless System on the Nigerian Economy (a Case of First Bank Plc Afikpo)
ABSTRACT
This study focuses on the impact of introduction of cashless system on the economy. The objectives of this work is to find out on the impact of cashless system in Nigeria, especially in the rural banks, and in so doing would enhance conveniences and savings on the part of Nigerians in the rural areas, it would also reduce the cost of processing and managing cash in the rural areas of the country. In carrying out the work the researcher consulted several work ranging from internet textbooks, Newspaper, course work and journals. They also sought the opinion of practitioners through interviews and questionnaires. The data collected were analyzed, tabulated and presented using average and simple percentage. The method used was...