CBN bows to pressure, raises weekly withdrawal limits


The Central Bank of Nigeria (CBN) has raised its weekly cash withdrawal limits set for individuals and Corporate Organisations to N500, 000 and N5 million respectively.

The earlier limits pegged individual cash withdrawal per week at N100, 000; while Corporate organisations were limited to weekly withdrawals of N500, 000.

Do you want to be heard, your events covered, your articles published, or need to advertise your products and services on our Blog and Magazine, reach out to us at Newswire Law and Events, you will be glad you did. For more details about our services, please call: 08039218044, 09070309355. Email:


Please enter your comment!
Please enter your name here