Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

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In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The new limits, which are in line with the CBN’s cashless policy, are set to […]

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