Table 2 Naira note redesign awareness and perception by respondents
Variable | Percentage (%) |
|---|---|
Aware of the CBN policy to redesign the Naira notes | Â |
Yes No | 97.9 2.1 |
If the policy was in the interest of Nigerians | Â |
Yes No | 60.0 40.0 |
If it was a timely policy | Â |
Yes No | 43.5 56.5 |
If respondents used online payment platforms | Â |
Yes No | 87.4 12.6 |
Type of online payment platform used | Â |
ATM Internet Banking Others POS USSD | 21.1 37.2 5.9 21.1 14.7 |
How easy respondents’ online transactions was during the redesign policy |  |
Extremely Difficult Slightly Difficult Not sure Quite Easy Extremely Easy | 43.4 44.8 0.0 9.8 1.9 |
How accessible cash was to respondents | Â |
Extremely inaccessible Slightly inaccessible Not certain Quite accessible Extremely accessible | 57.7 35.5 4.3 2.5 0.0 |
Nigeria is ready for a cashless economy | Â |
Yes No | 17.0 83.0 |