New Central Bank of Nigeria Rules effective January 9, 2023 following New Naira Design.
- ATM withdrawals won’t be more than N100k per week and N20k per day 😳
- POS withdrawals won’t be more than N20k daily.
- Over the counter withdrawal won’t be more than N100k per individual and N500k per corporate organization.
- Only N200 and below will be loaded on ATMs.
- Third Party Cheques over N50,000 will not be cleared over the counter.
Welcome to cashless economy.
