Business

CBN Imposes Restrictions On Large Cash Withdrawals

VOICE AIR MEDIA

THE Central Bank of Nigeria governor, Godwin Emefiele, has said that restrictions will be imposed on large cash withdrawals.

He said this on Wednesday at the unveiling of the newly-redesigned Naira notes at the State House.

“We will go forward to insist that cashless will be nationwide. We will restrict the volume of cash that people will withdraw over the counter.

If you need to withdraw large volume of cash, you will fill uncountable forms,” Emefiele vowed.

VAM News

Recent Posts

154 Aspirants Jostle for 24 Assembly Seats, 16 Eye APC Governorship Ticket

News update A sociopolitical organisation, Democratic Network International, has expressed concern over the high number…

17 minutes ago

Nigerian Actor Alex Ekubo dies at 40

News Update Famous Nollywood actor Alexx Ekubo has died. Family sources said he died on…

6 hours ago

Police Arrest Suspected Armed Robber, Recover Pistol

Operatives of the Ondo State Police Command have arrested a suspected armed robber operating in…

10 hours ago

Osun police warn against billboard vandalism

  ‎The Osun state Police command has condemned the recent acts of vandalism and destruction…

11 hours ago

Gunmen Abduct Businessman, Injure Child in Attack

Gunmen suspected to be kidnappers have abducted a businessman in Irawo, Atisbo Local Government Area…

12 hours ago

Kwankwaso Cries Out Over ‘No Reward’ After Backing Buhari

A chieftain of the Nigeria Democratic Congress, NDC, Rabiu Kwankwaso, has disclosed that he and…

13 hours ago