cash withdrawal limits

March 23, (THEWILL) - The Central Bank of Nigeria (CBN) has released the old Naira notes to deposit money banks, to ease the current cash crunch across the country. The development followed the March 3 judgement of the supreme...

January 10, (THEWILL) - The cash withdrawal limit imposed by the Central Bank of Nigeria (CBN) kicked off across the country yesterday, Monday, January 9, 2022, with Lagos residents expressing mixed reactions. The apex bank had notified the public of...

January 05, (THEWILL) - To stop indiscriminate withdrawal of cash from public accounts, the Financial Intelligence Unit (NFIU) has directed all financial institutions in the country to halt demands for cash withdrawals from government accounts from March 1, 2023. However,...

December 18, (THEWILL) – The Central Bank of Nigeria (CBN) has said its new cash withdrawal limit policy also addresses bulk withdrawal conditions. Speaking on Channels Television’s Sunrise programme, the Bank’s Director of Banking Supervision, Mustafa Haruna, said although the...

December 08, (THEWILL) - The Middle Belt Youth Forum (MBYF) has commended the Central Bank of Nigeria (CBN), on its new cash withdrawal limits. The apex bank had in a memo on Tuesday, announced a limit on cash withdrawals made...