The Central Bank of Nigeria (CBN) and Nigeria Interbank Settlement System (NIBSS) have further thrown their weight behind cashless policy with the ongoing Electronic Payment Incentive Scheme (EPIS). Speaking during the redemption of prizes in Lagos for the first three winners, representative of the Banking Payment System Department of the CBN, IsahAbubakar, said the apex bank will keep giving the desired support for the EPIS project. He said cash-less banking will help in revolutionizing Nigeria’s economic development and enhancing efficiency in business. He praised the process used in selecting the winners. He said the cash-less banking initiative is helping to promote financial inclusion and getting banking to the grassroots. “The CBN is behind the incentive scheme and will support any project that takes banking to the grassroots,” he said. The winners include AdeyinkaAdejuwon, who banks with GTBank, and was the first prize winner. He went home with N100,000; the firs
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