CBN give in, raises weekly withdrawal limits

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The Central Bank of Nigeria (CBN) has increased weekly cash withdrawal limits set for individuals and Corporate Organisations to N500, 000 and N5 million respectively.

 

As opposed to the earlier slated limits pegged individual cash withdrawal per week at N100, 000;  Corporate organisations were limited to weekly withdrawals to the sum of N500, 000 only.

(Vanguard)

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