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Experts support review of cash withdrawal limit
The CBN had, in the memo introducing the policy, said third-party cheques above N50,000 would no longer be eligible for OTC payment while existing limits of N10m on clearing cheques still remained.
14 Dec 2022 2:31 PM IST
Naira redesign: CBN sets cash withdrawal limits
Withdrawals above these limits shall attract processing fees of five percent and 10 percent, respectively.
6 Dec 2022 10:54 PM IST