Custodians of Truth

Tag: Cash limits

Cash limits: Customers Protest as Banks Begin Enforcement

The Central Bank of Nigeria’s new cash withdrawal limit policy went into effect across the nation on Monday with the help of over 20 Deposit Money Banks, much to the chagrin of bank clients. In response to demand, the CBN’s […]

Cash Limits not Anti-People, CBN Insists, Reps Knock Emefiele

The policy limiting cash withdrawals was defended by the Central Bank of Nigeria on Thursday, stating that it was not intended to target the weak. Aisha Ahmad, the CBN’s deputy governor for financial system stability, defended the policy while testifying […]