CBN Warns Banks Imposing Withdrawal Limits Below N20,000 Per Transaction
[Independent - Nigeria] - 14/02/2025
The Central Bank of Nigeria (CBN) has issued a stern warning to banks imposing withdrawal limits below N20,000 per transaction, declaring that such actions violate its regulations and will attract severe sanctions. In a Q&A explainer published on its X handle on Thursday, the apex bank (…)
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