25 h. ago FG bans cash payments for its services starting January 2026. Here’s what Nigerians should expect

The Federal Government’s decision to abolish cash payments for all its services from January 2026 is set to reshape how read more FG bans cash payments for its services starting January 2026. Here’s what Nigerians should expect

Economics

54 h. ago FG bans cash payments to MDAs, orders installation of POS terminals

The Nigerian Federal Government (FG) bans cash payments to all MDAs, directing them to install POS terminals within 45 days for electronic revenue collecti Read More: https://punchng.com/fg-bans-cash-payments-to-mdas-orders-installation-of-pos-terminals/

Economics

7 d. 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

Politics

7 d. 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

Politics

7 d. 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.

Politics

7 d. 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.

Politics