CBN’s Daily Withdrawal Limit Sparks Financial Struggles for Nigerians
The Central Bank of Nigeria (CBN) has introduced a controversial policy, imposing a daily withdrawal limit of ₦100,000 for individuals using Point-of-Sale (PoS) services. This restriction extends to a weekly cash-out cap of ₦500,000 per customer and a cumulative daily maximum of ₦1.2 million for agent transactions. This directive, issued in a circular titled “Cash-out … Continue reading CBN’s Daily Withdrawal Limit Sparks Financial Struggles for Nigerians
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed