BREAKING: CBN Bows To Pressure, Reviews Cash Withdrawal Limit

BREAKING: CBN Denies Devaluing Naira

The Central Bank of Nigeria (CBN), has bowed to increasing pressure from stakeholders, as it reviewed its recently-introduced cash withdrawal limit.

In a new development, CBN stated that cash withdrawals across all channels by individuals and corporate organisations will now stand at N500,000 and N5 million, respectively.

More to follow…