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Tag: Central Bank of Nigeria (CBN)

CBN revises cash withdrawal limits...

CBN revises cash withdrawal limits for individuals,...

Tinubu orders reduction of ₦8.2...

Tinubu orders reduction of ₦8.2 million Hajj...

CBN revises cash withdrawal limits for individuals, corporates

CBN revises cash withdrawal limits for individuals, corporates The Central Bank of Nigeria (CBN) has revised its cash withdrawal rules, effective January 2026. The newly revised rules end a previous special authorisation permitting individuals to withdraw ₦5 million and corporates ₦10 million once monthly. The apex bank explained that previous cash policies had been introduced over the years in response to evolving circumstances. READ ALSO: CBN eases monetary policy, cuts interest rate to 27% However, with time, the need has arisen to streamline these provisions to reflect present-day realities. In a circular released on Tuesday, December...

Dollar to naira...

Dollar to naira exchange rate hits N1614 at parallel market The US dollar to naira exchange rate at the black market now sells at N1614...

CBN increases interest...

CBN increases interest rate to 26.25% Story from Usman UMAR The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has once again increased the...
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