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 […]
MEDIA AND BLOG
MEDIA AND BLOG
