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The CBN revises Nigeria’s cash withdrawal and deposit limits - Source News

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The CBN revises Nigeria’s cash withdrawal and deposit limits

Techpoint Africa•3 months ago•centre•Credibility: 75/100

CBN has revised its cash-related policies, scrapping deposit limits and setting new weekly withdrawal caps of ₦500k for individuals and ₦5m for companies. The new rules take effect Jan 1, 2026 as Nigeria continues its push toward a cash-lean, digital economy.

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The CBN revises Nigeria’s cash withdrawal and deposit limits

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