CBN Scraps Cash Deposit Limits, Raises Weekly Withdrawal Threshold
[Nigeria Communications Week - Nigeria] - 5/12/2025
Central Bank of Nigeria (CBN) has 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 Sike, Director, (…)
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