Nigerian Central Bank Warns Counterfeiters as Residents Reportedly Grapple With Cash Shortages
As Nigeria grapples with cash shortages, the country’s central bank warned of the presence of counterfeit, higher-denomination naira…
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cash withdrawals
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Report: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency
During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN),…
Nigerian Central Bank Increases Cash Withdrawal Limits After Receiving ‘Feedback From Stakeholders’
Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank…
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only…