Tag: N5m

Cash limits: Emefiele bows to pressure, raises withdrawals to N500,000, N5m

Dec 22, 2022

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by

Starnews NG

in News

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has finally bowed to pressure to revise the bank’s cash withdrawal limits policy. In a circular on Wednesday by the CBN’s Director of Banking Supervision, Haruna Mustafa, the CBN said it had reviewed upwards the maximum weekly limit for cash withdrawal across all channels by…