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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 …

CBN raises withdrwal limits to 5 million and 500,000 Naira for organisations and individuals Read More »

now that central bank has reduced weekly withdrawals of individual to 100k and that of registered businesses to 500k , what exactly do they want to achieve with ThIs ? Amongst many things programmedto be achieved with this monetary policy , one is that they want to move the economy from the point of consumption …

How to Make money through CBN new policy : 100k individuals and 500k companies weekly limit withdrawals Read More »