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29 Aug, 2023 07:03

A world without cash


Over three quarters of businesses in Nigeria were negatively impacted by a cash shortage in the early months of 2023, following a redesign policy of the Central Bank of Nigeria. Meanwhile Australia, Sweden, and other Western countries are pushing in this direction. What does it mean for advanced economies and for personal freedoms, and what will be its impact on developing economies the world over? On this edition of 360 View, Scottie Nell Hughes is joined by financial analyst Alex Krainer, to look at the impact cashless policies are having on nations' economies as more countries are looking to eliminate paper money from circulation.