Tuesday, June 18, 2024

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    You can only withdraw 10k from over the counter in all Nigerian banks

    From the next couple of days, you can only make  over the counter withdrawals to N10, 000 from your bank accounts in Nigeria.

    The Bankers Committee which is the umbrella body of all the chief executives of all the Deposit Money Banks in Nigeria, are proposing to limit said that they are working towards that.
    According to the body, the objectives of this policy if passed by the Central Bank of Nigeria CBN will include greater use of electronic banking and smaller workforce.

    The banking sector have been carrying out serious restructuring with many staff losing jobs in recent times.

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