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Nairaland Forum / Nairaland / General / Business / Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week (1481 Views)
CBN Increases Cash Withdrawal Limit To ₦500,000 Weekly / CBN Drops ATM Withdrawal Limit To N20k/Day / CBN Slashes Banks’ ATM Withdrawal Fee From N65 To N35 (2) (3) (4)
Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by yashau(m): 7:07pm On Dec 21, 2022 |
1 Like
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Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by yashau(m): 7:08pm On Dec 21, 2022 |
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Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Switruth: 7:09pm On Dec 21, 2022 |
How true ? Then why Emefiele dey japa? |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Buhari4sale: 7:21pm On Dec 21, 2022 |
Hmmmmm Emiefele.. You no wan go jail. Na lie, you must go |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by jetwonder(m): 7:32pm On Dec 21, 2022 |
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Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Obaofaba: 7:38pm On Dec 21, 2022 |
If true then that's fine and the only reasonable thing to do. Did he take some nkpumiri before? He just has to go. He's incompetent. Very shallow upstairs. Not worthy of that office. Lower the bar of the office to an all time low. Oversaw massive naira decline never witnessed before. Enriching the banks at our expense. Withdraw money you are charged. Deposit, you are charged. Transfer, you are charged. Receive deposit, you are charged. Other bank withdrawal through the ATM, you will only get 10k per withdrawal but in your bank, you can withdraw 40k at a time, thereby paying 35 naira after the 3rd withdrawal in a month not mentioning 4 naira per sms received. And he introduced it immediately he was hired. Banning importation of goods we don't have an advantage there killing the naira and he wished to achieve the opposite. Dollars rose from 400 to an all time high at 830 as a result of this Ill time policy. We used to buy foreign rice at 17k but now buying locally produced at 43k and he didn't reverse the useless policy. Used foreign cars were used to be bought at 700k at the average now 2 million plus due to hash policies. Sack him now to save our economy!!! |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by loosecanon50(m): 7:39pm On Dec 21, 2022 |
That’s a good one. At least even with the increase, it won’t still be enough for the bullion van thief to buy votes 6 Likes 3 Shares |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by jlinkd78(m): 7:40pm On Dec 21, 2022 |
Noted |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by kayusely70(m): 7:40pm On Dec 21, 2022 |
That's far far better! |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Idamunairaland: 7:43pm On Dec 21, 2022 |
K |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Suunnn(f): 7:45pm On Dec 21, 2022 |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by otomatic(m): 8:28pm On Dec 21, 2022 |
Is there a circular to that effect on the CBN website? Modified: circular seen. |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Betanaija42moro: 8:31pm On Dec 21, 2022 |
APC politicians hav finally succeeded in put fear in this man. I keep saying it, things can never get better with this same set of people in power |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by halaqasa: 8:38pm On Dec 21, 2022 |
E be many things walahi |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by aieromon(m): 8:55pm On Dec 21, 2022 |
otomatic: https://leadership.ng/breaking-cbn-increases-weekly-cash-withdrawal-limits/
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Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by emorse(m): 9:01pm On Dec 21, 2022 |
otomatic:Yes. I'll get it for you in a minute. Modified Here you go https://www.cbn.gov.ng/Out/2022/CCD/ReNairaRedesignPolicyRevisedWithdrawal.pdf 1 Like |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by kollinz1234(m): 9:04pm On Dec 21, 2022 |
Corruption has fought back and has won Emefiele has bowed to pressure and has allowed Tinubu have his way |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by seunmsg(m): 9:12pm On Dec 21, 2022 |
The reversal is unfortunate. I can’t blame the CBN governor though, the pressure was much from political elites on all sides. Despite the increase, it’s still a very tight policy and I hope CBN can withstand future pressure and not increase the limit again. To combat corruption, we must run an economy that allows government to trace every single kobo in the system. Keeping trillions of cash outside of the banking system is inimical to the growth of the economy and the fight against corruption. 3 Likes |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Wiseandtrue(f): 9:17pm On Dec 21, 2022 |
Switruth:Emefiele do before he thinks How is N20,000 per day even feasible ![]() |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by CodeTemplar: 9:18pm On Dec 21, 2022 |
The corrupt elite have used personal corruption of CBN gov to shut him up. Next is for politicians to do massive transfers to foot soldier account and pay commission for every N500,000 withdrawal. |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by LibertyRep: 9:18pm On Dec 21, 2022 |
Isn't the purpose of the entire policy defeated? They surely have something on the CBN Governor. |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Indispensable85(m): 9:29pm On Dec 21, 2022 |
Better...... 20k daily was crazy 1 Like |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by otomatic(m): 9:34pm On Dec 21, 2022 |
emorse: Wow. Thanks |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by otomatic(m): 9:35pm On Dec 21, 2022 |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by Karlifate: 9:35pm On Dec 21, 2022 |
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Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by yetunsbay(m): 11:34pm On Dec 21, 2022 |
otomatic:check out naw |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by emorse(m): 12:11am On Dec 22, 2022 |
otomatic:My pleasure |
Re: Breaking: CBN Increases Weekly ATM Withdrawal Limits From ₦100k To ₦500k A Week by akpenlegedu: 10:47am On Dec 22, 2022 |
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