BREAKING: CBN scraps cash deposit limits, raises weekly withdrawal threshold

[TheCitizen - Nigeria] - 3/12/2025
The Central Bank of Nigeria (CBN) on Wednesday removed the limit on cash deposits and raised the weekly cash withdrawal limit across all channels to N500,000, up from N100,000. The apex bank disclosed this in a circular to all banks titled “Revised Cash-Related Policies”, signed by Dr. Rita (…)
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