CBN limits cash withdrawals to N100,000 weeklyPublished 11 seconds agoon December 6, 2022By TechscoopsCBN digital currency
The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which takes effect from January 9, 2023.

Individuals will only be permitted to withdraw N100,000 per week (from ATMs, Point of Sale machines, or over the counter), according to a new memo to banks sent out on Tuesday and signed by the Director of Banking Supervision, Haruna B. Mustafa. Organizations will be permitted to access N500,000 per week.

https://techscoopsng.com/breaking-cbn-limits-cash-withdrawals-to-n100000-weekly/

Using an international standard to package the shameful national standard.

Cashless policy in a country that doesn't have adequate energy supply and sustainable internet connection for the gadgets that make cashless economy possible. Cashless policy in a country where money at hand is safer than money at bank.

Senseless policy everyone keep making laws once they get opportunity to be on seat