The Effects of Adopting a Cashless Policy on the Nigerian Economic Landscape

The adoption of cashless policies has become increasingly significant in the context of developing economies, with Nigeria being a prominent example. This study aims to explore the multifaceted impact of cashless policy adoption on the Nigerian economy. Through an extensive literature review, empirical analysis, and case studies, this research investigates the implications of cashless policy on financial inclusion, monetary policy, technological infrastructure, socio-economic dynamics, and regulatory governance. The findings provide valuable insights for policymakers, financial institutions, and researchers, offering recommendations for effective implementation and future research directions.