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Meeting with Central Bank of Nigeria Governor Sanusi Lamido Sanusi
Ajay Banga, MasterCard Worldwide President and CEO, right, and Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, discuss the milestones achieved by Nigeria's cashless initiative in Abuja, Nigeria, on Monday Jan. 14, 2013. Banga said the Central Bank of Nigeria's Cashless Policy, and the solutions created to achieve its goals, is viewed with global interest as a benchmark in driving financial inclusion in emerging markets. Driven by local government, the modernization of the Nigerian payments industry will positively impact economic growth in Nigeria by helping to eliminate inefficiency, corruption and fraud, which are issues faced by all cash-dependent economies.