CBN Lifts Cash Deposit Restriction On Domiciliary Accounts, Allows $10,000 Withdrawals Daily
The Central Bank of Nigeria (CBN) has declared the removal of cash deposit limitations on domiciliary accounts, saying account holders can withdraw up to $10,000 per day. The apex bank, in a statement made available to Channels Television on Sunday, stated that this followed a June 14 announcement on new guidelines in the foreign exchange…