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CBN Limits Cash Withdrawal To N100,000

The Central Bank of Nigeria has limited cash withdrawal to one hundred thousand naira per individual and five hundred thousand naira for corporate organizations per week. In a circular released…

CBN Limits Microfinance Banks Loan At N1m Per Transaction

The Central Bank of Nigeria (CBN) has pegged the maximum loan limit for Microfinance Banks (MfBs) at N1 million per transaction. The apex bank gave this directive in a circular…