Elon Musk believes that artificial intelligence could lead to widespread job loss. According to a CNBC report, Musk, who owns companies like Tesla, SpaceX, X (formerly known as Twitter), and a new AI startup called xAI, recently stated that AI has the potential to be the most disruptive force in history. He mentioned that there…
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…
How to Make money through CBN new policy : 100k individuals and 500k companies weekly limit withdrawals
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…