CBN increases weekly withdrawal threshold, scraps deposit limits

The post CBN increases weekly withdrawal threshold, scraps deposit limits appeared first on Kemi Filani. The Central Bank of Nigeria (CBN) has adjusted its cash-handling regulations. CBN has abolished the ceiling on cash deposits and expanded the weekly withdrawal limit across all platforms to N500,000 – a significant rise from the previous N100,000. The policy shift was communicated through a circular signed by Dr. Rita Sike, Director of the Financial […] The post CBN increases weekly withdrawal threshold, scraps deposit limits appeared first on Kemi Filani.

  News   Dec 3, 2025   0   19  Add to Reading List
CBN increases weekly withdrawal threshold, scraps deposit limits

The post CBN increases weekly withdrawal threshold, scraps deposit limits appeared first on Kemi Filani.

The Central Bank of Nigeria (CBN) has adjusted its cash-handling regulations. CBN has abolished the ceiling on cash deposits and expanded the weekly withdrawal limit across all platforms to N500,000 – a significant rise from the previous N100,000. The policy shift was communicated through a circular signed by Dr. Rita Sike, Director of the Financial […]

The post CBN increases weekly withdrawal threshold, scraps deposit limits appeared first on Kemi Filani.

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