The Central Bank of Nigeria has unveiled a new set of guidelines for cash handling. Under the policy, individuals can withdraw a maximum of N500,000 weekly, while corporates are capped at N5 million. The guidelines were issued in a circular released on December 2.
The circular, signed by Rita Sik
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
