Withdraw above N500k, pay 3% processing fee, apex bank tells Nigerians The Central Bank of Nigeria (CBN) has revised its cash withdrawal limit policy, stating that individuals and corporate organisations can now withdraw weekly N500,000 and N5 million respectively. Platforms Africa reports that the apex bank announced this in a letter dated December 21 and signed by the CBN Director of Banking Supervision, Haruna Mustafa. The letter, which was made available to PlatformsAfrica, was addressed to all deposit money banks and other financial institutions. “The maximum weekly limit for…
Read MoreBREAKING: CBN Bows to Pressure, Ups weekly Cash Withdrawal Limits To N500k
