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PoS Operators Issues Ultimatum to CBN Over Cash Withdrawal Limits

The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has expressed optimism that the Central Bank of Nigeria will reverse its cash...

Cash Withdrawal Limit: When Will CBN Governor Appear Before House of Representatives?

The Central Bank of Nigeria(CBN) Governor, Godwin Emefiele is to appear before the House of Representatives next week Tuesday, December 20th, over cash withdrawal...

Senate Postpones Debate On CBN Withdrawal Limits

The Senate has postponed its debate on the cash withdrawal policy by the Central Bank of Nigeria (CBN) till Wednesday, December 14, 2022.This is...

CBN’s Cash Withdrawal Limits Is Illegal – Falana

Human rights lawyer Femi Falana has faulted the Central Bank of Nigeria’s (CBN) new cash withdrawal limit, describing it as “illegal, null and void”.The...

Senate Yet To Decide On CBN’s Cashless Policy – Lawmaker

Senator Matthew Urhoghide says the upper chamber has not taken any decision on the cash withdrawal limit recently announced by the Central Bank of...

Forex Shortage Negatively Affecting National Development – Emefiele

Governor of Central Bank of Nigeria (CBN) Godwin Emefiele has raised an alarm of shortage of foreign exchange having a negative impact on achievement...

CBN’s Withdrawal Policy: Senate Raises Concerns

Senators have expressed reservations over the new policy of the Central Bank of Nigeria (CBN) on cash withdrawals.The apex bank, under the new withdrawal...

CBN Limits Cash Withdrawal To N100K Per Week, N20,000 Daily Through POS

The Central Bank of Nigeria (CBN) has pegged maximum over the counter (OTC) cash withdrawal per week for individuals at N100,000 and N500,000 for...

In 7 Months, CBN Injects $11.24bn to Strengthen Naira

To stabilize the value of naira, the Central Bank of Nigeria has injected $11.24 billion into the economy from January to July 2022.This was...

CBN Targets 95% Financial Inclusion By 2024

The Central Bank of Nigeria (CBN) has unveiled seven key policies and products that will aid the realisation of 95 per cent financial inclusion...

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