57 h. ago CBN’s new cash policy sets higher withdrawal limits, eliminates deposit charges

The Central Bank of Nigeria has reversed its earlier cash withdrawal limit and raised the threshold from N100,000 to N500,000, read more CBN’s new cash policy sets higher withdrawal limits, eliminates deposit charges

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57 h. ago CBN limits weekly withdrawal to N500,000 for individuals, N5 million for corporates

The Central Bank of Nigeria has unveiled a new set of guidelines for cash handling. Under the policy, individuals can read more CBN limits weekly withdrawal to N500,000 for individuals, N5 million for corporates

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57 h. ago CBN Abolishes Cash Deposit Limits, Increases Weekly Withdrawal Threshold To N500,000 For Individuals

The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on all channels to N500,000 weekly for individuals and N5 million for corporates. Announcing the policy revision in a circular on Tuesday, the regulator pegged automated teller machine (ATM) withdrawals at N100,000 daily, with a weekly cumulative withdrawal of N500,000. The development is a […] The post CBN Abolishes Cash Deposit Limits, Increases Weekly Withdrawal Threshold To N500,000 For Individuals appeared first on Information Nigeria.

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58 h. ago JUST IN: CBN removes cash deposit limits, raises weekly withdrawal cap

The bank noted that previous policies sought to limit cash usage and promote electronic payment channels, but evolving realities made revisions necessary.

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2 w. ago FCMB to lift capital raise to N370bn after strong investor demand

FCMB Group Plc is seeking shareholder approval to increase its capital-raise limit to N370 billion as the Nigerian lender races read more FCMB to lift capital raise to N370bn after strong investor demand

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3 w. ago GTBank raises dollar limit for Naira card to $6,000 on improved liquidity

Guaranty Trust Bank (GTBank) has increased the dollar spending limit on its Naira cards by 500 percent to $6,000 per read more GTBank raises dollar limit for Naira card to $6,000 on improved liquidity

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3 w. ago U.S. revokes over 80,000 visas, citing security concerns, criminal offences

The United States Department of State has revoked the visas of more than 80,000 individuals worldwide, including Nigerians, in what read more U.S. revokes over 80,000 visas, citing security concerns, criminal offences

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4 w. ago U.S. Revokes 80,000 Visas Of Nigerians, Other Foreign Nationals

The United States Department of State has revoked the visas of more than 80,000 individuals, including Nigerians and other foreign nationals, as part of a sweeping immigration enforcement initiative under former President Donald Trump’s administration. In a statement released on Thursday, the department said the action was in line with Trump’s commitment to protecting U.S. […] The post U.S. Revokes 80,000 Visas Of Nigerians, Other Foreign Nationals appeared first on Information Nigeria.

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