Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions not to implement its new cash withdrawal limit policy on dollar transactions or other deals relating to foreign currencies. Under the revised CBN cash-related policies, individuals are limited to a cumulative weekly cash withdrawal of N500,000 across all channels, including ATMs, POS terminals, and over-the-counter transactions. The policy permits corporate account holders to withdraw up to N5 million per week..................................….......READ MORE