THE EFFECT OF CASHLESS POLICY ON INCOME OF FIRMS IN NIGERIA

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ABSTRACT

          There hasn't been much research on effect of cashless policy on income of firms in Nigeria. In summary, the goal of this research is to find out how cashless policy made by the Central Bank of Nigeria (CBN) affect income of firms’ in Nigeria. Additionally, it will evaluate the overall impact, adoption of cashless transaction, and factors that affect cakes policy and income of firms in Nigeria.

      Cronbach's Alpha was used to assess the reliability and accuracy of the data using SPSS. The respondent's data would be analyzed using a straightforward percentage method, and the analysis of variance (ANOVA) statistical method was employed to test the hypothesis.

      This study aims to investigate the benefits and drawbacks of contactless technology, as well as to assess its efficacy, good and bad aspects, strengths and weaknesses, dangers, and privacy and security concerns from the viewpoint of students. The study's objectives are to explain the difficulties contactless technologies have for accounting practice and to offer a methodical strategy for dealing with such difficulties. This study's objective is to offer a. comprehensive analysis of the difficulties that are exposed to correct accounting procedures when introducing contactless technologies into the operation of a company.

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