CBN Lifts Cash Deposit Limit, Confirms N500,000 Weekly Withdrawal Cap
The Central Bank of Nigeria (CBN) has implemented a key set of revisions to its cash policy aimed atpromoting financial inclusion while reducing transactional friction, according to recent regulatorydirectives.The most significant changes include the removal of the cumulative limit on cash deposits and theconfirmation of the N500,000 maximum weekly cash withdrawal for individuals. The CBN…

