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Friday, December 12, 2025

Breaking: CBN scraps cash deposit limits, raises weekly withdrawal threshold

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The Central Bank of Nigeria (CBN) has removed all limits on cash deposits, marking a significant reversal of earlier cash-tightening measures introduced under the previous administration.

The apex bank also announced an upward review of the weekly cash withdrawal limit for individuals and businesses, a move designed to ease financial transactions and restore liquidity across the economy.

Details soon…

The post Breaking: CBN scraps cash deposit limits, raises weekly withdrawal threshold appeared first on Vanguard News.

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