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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3 d. ago CBN, BUA, First Bank named among Abuja’s top land defaulters

The Federal Capital Territory Administration has listed the Central Bank of Nigeria, BUA International Limited, First Bank of Nigeria and read more CBN, BUA, First Bank named among Abuja’s top land defaulters

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4 w. ago Fosla Academy Rewards Flamingos Star, Queen Joseph, With N500k Cash Prize

Fosla Academy, Karshi, Abuja, has awarded Nigeria’s U-17 Women National Team, the Flamingos, forward Queen Joseph a cash prize of N500,000 for her outstanding performance at the ongoing FIFA U-17 Women’s World Cup in Morocco. Although Nigeria exited the competition in the round of 16 following a 4-0 defeat to Italy, Queen Joseph, an SS2 […]

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