CBN to Limit Weekly Cash Withdrawals for Individuals and Corporate Organisations
The Central Bank of Nigeria (CBN) has has begun moves to limit over-the-counter cash withdrawals by individuals and corporate organisations to N100,000 and N500,000 per week, respectively. The development was made known in a circular issued by the CBN on Tuesday. According to Nigeria’s apex bank, the new policy will take effect nationwide from January 9, 2023. […]
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