56 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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56 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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56 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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57 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 Banks’ Deposit With Central Bank Of Nigeria Soars To N48.40trn

The Nigerian banking sector’s deposits with the Central Bank surged by 154 per cent, reaching N48.40 trillion in the second quarter of 2025. Data from the CBN’s economic report for Q2 2025 showed that the sharp increase occurred as the Central Bank of Nigeria (CBN) intensified efforts to withdraw excess liquidity from the financial system […]

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3 w. ago Forbearance: Banks Capital Adequacy Ratio Drops To 12% After Withdrawal — CBN

The decline was largely due to the end of temporary relief measures that had earlier allowed banks to cushion the impact of macroeconomic headwinds on their balance sheets. The post Forbearance: Banks Capital Adequacy Ratio Drops To 12% After Withdrawal — CBN appeared first on Channels Television.

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