Sunday, July 12, 2026

Financial Policy and Regulation Department

December 3, 2025

CBN removes cash deposit limit, raises weekly withdrawal to N500,000

Ms Sike said that excess withdrawals above the stipulated limits would attract three per cent for individuals and five per cent for corporate customers.

Olayemi Cardoso
January 27, 2022

CBN reduces charges on electronic transactions

The bank said the review was in response to “further evolution in the financial industry in the last few years.”

CBN Governor Godwin Emefiele