JUST IN: CBN removes cash deposit limits, hikes weekly withdrawal cap to N500,000
[Hallmark - Nigeria] - 3/12/2025
The Central Bank of Nigeria (CBN) has scrapped restrictions on cash deposits and raised the weekly cash withdrawal limit for individuals to N500,000, up from N100,000, in a major overhaul of the country’s cash-related policies. Announced in a circular titled “Revised Cash-Related Policies” and (…)
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