Nigeria’s decision to tighten cash-withdrawal limits has triggered fresh debate across markets, boardrooms and the informal economy. Under the new CBN rules taking effect in January 2026, individuals may withdraw up to ₦500,000 weekly and corporates up to ₦5 million across all channels, with higher withdrawals attracting regulated fees. To some, this marks a necessary step toward financial transparency, anti-money laundering compliance and digital transformation. To others, it threatens to destabilise the informal sector that remains the backbo
Nigeria’s decision to tighten cash-withdrawal limits has triggered fresh debate across markets, boardrooms and the informal economy. Under the new CBN rules taking effect in January 2026, individuals may withdraw up to ₦500,000 weekly and corporates up to ₦5 million across all channels, with higher withdrawals attracting regulated fees. To some, this marks a necessary step toward financial transparency, anti-money laundering compliance and digital transformation. To others, it threatens to destabilise the informal sector that remains the backbo
