CBN raises withdrwal limits to 5 million and 500,000 Naira for organisations and individuals
The Central Bank of Nigeria (CBN) has announced that it will be increasing the cash withdrawal limits for individuals and corporate organisations effective January 9, 2023. According to a circular signed by the Director of Banking Supervision, Haruna B. Mustafa, on Wednesday, December 21, 2022, the new limits for individuals will be N500,000 and N5,000,000 …