Cash withdrawal limit vs Banks Neutral Cash Hubs
The Central Bank of Nigeria (CBN) and Bankers’ Committee recently directed Deposit Money Banks and licensed processing firms to establish Banks Neutral Cash Hubs to […]
withdrawal
Emefiele, govs to meet over withdrawal policy, naira redesign
Governors of the 36 states have planned to meet with the Central Bank of Nigeria, Godwin Emefiele, on Thursday over the present withdrawal policy and […]
Withdrawal policy pushes up PoS transaction charges
Point of Sale (PoS) operators in Abuja have increased their charges by 300 per cent. They now charge N300 for every N10,000 withdrawn or transferred […]
Is CBN’s cash withdrawal limit for common good?
Following the planned implementation of the cash withdrawal limit policy regime effective from January 9th, 2023, many Nigerians including contractors, PoS operators, informal sector participants […]
Introducing cash withdrawal limits at this time irresponsible – Ex-ADC chair
The immediate past National Chairman of the African Democratic Congress, Chief Raph Nwosu bares his mind on the CBN cash withdrawal limits policy in this […]
94% of cash transactions within N500, 000 new cash withdrawal limit, says Emefiele
• 500m pieces of redesigned notes ordered The Central Bank of Nigeria (CBN) yesterday said 94 per cent of all cash transactions falls below the […]