Business
Cashless Policy: CBN Reassures On Oct Deadline
Central Bank of Nige
ria (CBN) has reiterated that there is no going back to the implementation of the 2nd phase of the cashless policy in Rivers State and five other States by October 1.
Speaking in a telephone interview with The Tide in Port Harcourt, the CBN Cashless Policy Supervisor in Rivers State, Mr Okpere Ockechukwu said the policy’s implementation had already started, adding that “only the service charges will be implemented by October 1.
Okechukwu noted that e-payment Providers Association of Nigeria last week sensitised marketers around Port Harcourt and its environs on the use of the Point of Sales (POS) and other workable services of the cashless policy.
He noted that the use of Automated Tellers Machines (ATM) had increased with the policy awareness.
“e-Bank went round to sensitise the market women in Rivers State and beyond. The level of awareness has seriously increased, so the cashless policy has already started,” he added.
It would be recalled that the CBN shifted the implementation of the policy in the six States from July 1 to October 1 in order to finalise the modalities that will ensure the success of the policy in these States.
Ubong Emmanuel
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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