House of Rep members suspend policy on withdrawals deposits exceeding N500000

House of Rep members suspend policy on withdrawals, deposits exceeding N500,000

The House of Representatives on Thursday directed the apex bank- the Central Bank of Nigeria (CBN) to suspend the new charges placed on Nigerians under its new cashless policy, with immediate effect. CBN had earlier announced an increase in charges on withdrawals and deposits exceeding N500,000. In a plenary session on Thursday, the Honourable members…

Read more