CBN limits cash withdrawals for individuals to N100,000, N500,000 for corporate bodies
The Central Bank of Nigeria (CBN), has directed deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100,000 and N500, 000, respectively, per week. The apex bank announced this in a circular issued on Tuesday, adding that the policy will take effect nationwide…
