JUST IN: CENTRAL BANK RAISES CASH WITHDRAWAL LIMIT TO N500,000 PER WEEK
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By ‘Leke Yusuf
The Central Bank of Nigeria (CBN) has announced a revised cash withdrawal limit on Wednesday night in Abuja.
In a circular signed the Bank’s Director of Banking Supervision; Haruna B. Mustafa, he stated that the maximum weekly cash withdrawal for individuals shall be be N500,000 while that of corporate bodies shall be N5,000,000.
More details shortly.
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