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CBN Announces New Cash Withdrawal Limits, following Naira Redesign

The Central Bank of Nigeria (CBN) has announced a new cash withdrawal limit. The apex bank announced the new regulation in a letter to all Deposit Money Banks (DMBs) and other Financial Institutions, with the regulatory directives taking effect nationwide from January 9, 2023. The letter dated December 6, 2022, and signed by the CBN […]