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CBN ends cash deposit limit for bank customers

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CBN ends cash deposit limit for bank customers

04 Dec, 2025

The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised set of cash-related policies that take effect on January 1, 2026. The changes were announced in a circular issued on Tuesday and signed by the Director, Financial Policy and Regulation Department, Dr Rita Sike. The apex bank said the new framework was introduced “to reflect present-day realities” after years of adjustments to cash-management rules...................................….......READ MORE