The Central Bank Of Nigeria, has imposed fresh cash withdrawal limits on individuals and organisations.
According to a new memo to banks issued on Tuesday and signed by the Director of Banking Supervision, Haruna .B. Mustafa, individuals will only be able to withdraw N100,000 per week ( from over the counter, Point of Sale Machines or the Automated Teller Machines), while organisation can access N500,000 per week.
Banks have also been directed to load only N200 and lower denominations in to their ATMs.
See memo:
DISCLAIMER: Opinions and articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers of Daily News Reporters.
ADVERT/PUBLICATION: Reach the right people at the right time with Daily News Reporters. Try and advertise any kind of your business to users online today. Kindly call or WhatsApp us for your advert or publication on +2348037097936
