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Business

POS operators vow to protest, sue CBN over cash limit policy

Members of the Association of Mobile Money and Bank Agents (AMMBAN) have threatened to take their protest of the cash withdrawal limit to the...

Business

At last, CBN reviews cash withdrawal limits to N500,000, N5m

The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500, 000 and N5 million for individuals and...

Business

CBN bows to pressure, reviews cash withdrawal limits

The CBN announced this in a letter dated December 21 and signed by the CBN Director of Banking Supervision, Haruna Mustafa. The letter, which...

Business

Court summons Emefiele, others over cash withdrawal limit, old Naira notes

A lawsuit seeking to prevent the Central Bank of Nigeria (CBN) from effecting the cash withdrawal limit has been adjourned to January 10, 2023,...

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