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Tag: Over the Counter Withdrawal

Banks lobby for N10,000 withdrawal limit

June 13, 2016June 13, 2016Ayo Olowo

The Sub-committee on Payments Systems and Infrastructure of the Bankers Committee, last week sent a proposal to the Central Bank of Nigeria (CBN), seeking to limit over the counter cash withdrawal by bank customers to N10,000. The proposal was presented at the committee’s meeting but it is not clear whether it was considered. The CBN […]

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