The Central Bank of Nigeria (CBN), on Tuesday, imposed limits on weekly cash withdrawals by individuals and corporate entities. The new policy will take effect on January 9, 2023. It
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The new policy of the Central Bank of Nigeria (CBN) to limit cash withdrawals, effective from January 9, 2023 dominated the cover pages of Nigerian newspapers.
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The Central Bank has directed deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals