CASH WITHDRAWAL LIMIT Archives - Global Upfront Newspapers

Nigeria’s Currency Redesign And Withdrawal Limits: Questionable Policy And Bad Timing

Global UpfrontJan 18, 2023January 18, 20230

By Stephen Onyeiwu The Central Bank of Nigeria launched new banknotes in November 2022. The new notes came into effect on 15 December 2022. The

Nigeria’s New Cash Withdrawal Limit Begins Today As ATMs Still Dispense Old Naira Notes Despite CBN Directive

Global UpfrontJan 9, 2023January 9, 20230

Four days after the Central Bank of Nigeria (CBN) directed commercial banks to suspend over-the-counter dispensing of the new naira notes and use their Automated

CBN Bows To Pressure, Increases Weekly Cash Withdrawal Limits, In Review Of Policy

Global UpfrontDec 22, 2022December 22, 20220

Following the ruckus generated by the new cash policy of the Central Bank of Nigeria (CBN), the apex bank has revised upward weekly cash withdrawals

CBN Cash Withdrawal Limits Will Cripple Campaign Funding For 2023 Elections, Parties Cry Out

Global UpfrontDec 12, 2022December 12, 20220

Political parties have kicked against the new cash withdrawal limits introduced by the Central Bank of Nigeria (CBN), stating that it could choke the political