The Central Bank of Nigeria (CBN) has limited the amount of dollars to be transacted on the Pan-African Payment and Settlement System (PAPSS), at $200,000 per quarter by authorized dealer banks (ADB) and $20,000 per quarter for a customer. This was made known on July 25, 2023, through a circular signed by Ozoemena Nnaji, director … Continue reading CBN Limits Transactions On PAPSS By ADB To $200,000