The Central Bank of Nigeria (CBN) has introduced revised cash‑related policies that will take effect from 1 January 2026, setting a daily ATM withdrawal limit of N100,000 per customer, with a weekly ceiling of N500,000.
The weekly limit applies across all channels, including ATMs and point-of-sale (POS) devices.
The bank disclosed this in a circular issued on Tuesday, signed by the Director of the Financial Policy & Regulation Department, Rita Sike.
The new rules…
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