BREAKING: CBN increases weekly cash withdrawal limit for individuals to N500k

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The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively.

The CBN said this in a letter addressed to banks on Wednesday.

The apex bank said it made the decision based on feedback received from stakeholders.

More to follow…

Naijinfo

A graduate of Mass Communication and Digital Multimedia Technologist, An experienced Web/Content Developer, He has served a reputable Media Organization and States in Nigeria with the use of modern technology gadget to disseminate information to the general public.

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