CBN Scraps Deposit Limits, Raises Weekly Cash Withdrawal to N500,000
The Central Bank of Nigeria (CBN) has implemented sweeping changes to its cash-handling regulations, removing all limits on cash deposits and raising the weekly withdrawal threshold across all financial platforms. The policy update was issued via a circular titled “Revised Cash-Related Policies”, endorsed by Dr. Rita Sike, Director of the Financial Policy & Regulation Department. […]
CBN Scraps Deposit Limits, Raises Weekly Cash Withdrawal to N500,000 Read More »
