Tag: Cbn
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CBN Extends Old Naira Use Deadline Till February 10
The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin Emefiele, announced the extension in a statement signed on Sunday. He explained that the apex bank has sought approval from President Muhammadu Buhari to extend the deadline for the use of the…
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BREAKING: CBN Bows To Pressure, Increases Cash Withdrawal Limits
The Central Bank of Nigeria, CBN has bowed to pressure to increases cash withdrawal limits The maximum weekly limit for cash withdrawal across all channels by individuals and corporate organizations shall be N500,000.00 and N5,000,000.00 respectively,” the letter read. Cash withdrawal above the limits shall be subject to a processing fee of 3 per cent…
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Cash Withdrawal Limit: House of Reps Orders CBN To Suspend New Policy
The House of Representatives has asked the Central Bank of Nigeria (CBN) to halt the implementation of the new cash withdrawal policy slated for January 9, 2023 pending compliance with the provisions of the Act establishing the bank. The House also summoned CBN Governor Godwin Emiefele in accordance with the provisions of the Central Bank…
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Cash Withdrawal Limit: House of Reps Orders CBN To Suspend New Policy
The House of Representatives has asked the Central Bank of Nigeria (CBN) to halt the implementation of the new cash withdrawal policy slated for January 9, 2023 pending compliance with the provisions of the Act establishing the bank. The House also summoned CBN Governor Godwin Emiefele in accordance with the provisions of the Central Bank…
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Cash Withdrawal Limit: House of Reps Orders CBN To Suspend New Policy
The House of Representatives has asked the Central Bank of Nigeria (CBN) to halt the implementation of the new cash withdrawal policy slated for January 9, 2023 pending compliance with the provisions of the Act establishing the bank. The House also summoned CBN Governor Godwin Emiefele in accordance with the provisions of the Central Bank…
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CBN Cuts Bank Charges, Removes ATM Maintenance Fee, Others
The Central Bank of Nigeria has reviewed charges and rates for banking activities in the country. This was disclosed in the CBN new ‘Guide to Charges by Banks Other Financial and Non-Financial’. The apex bank said the guideline applies to charges by Banks Other Financial and Non-Financial under its licence or regulation. The document revealed…
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CBN Cuts Bank Charges, Removes ATM Maintenance Fee, Others
The Central Bank of Nigeria has reviewed charges and rates for banking activities in the country. This was disclosed in the CBN new ‘Guide to Charges by Banks Other Financial and Non-Financial’. The apex bank said the guideline applies to charges by Banks Other Financial and Non-Financial under its licence or regulation. The document revealed…
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CBN Cuts Bank Charges, Removes ATM Maintenance Fee, Others
The Central Bank of Nigeria has reviewed charges and rates for banking activities in the country. This was disclosed in the CBN new ‘Guide to Charges by Banks Other Financial and Non-Financial’. The apex bank said the guideline applies to charges by Banks Other Financial and Non-Financial under its licence or regulation. The document revealed…