Central Bank of Nigeria Removes Saving, Withdrawal Limits on Domiciliary Accounts 

The Central Bank of Nigeria has lifted the limits placed on domiciliary accounts. <br />The new regulation allowed account holders to deposit freely, have unrestricted access to funds in accounts and makeup to $10,000 withdrawals daily. <br />The CBN issues further guidance on operational changes to the foreign exchange market’. <br />It read in part, “Ordinary domiciliary account holders shall have unfettered and unrestricted access to funds in their accounts. <br />Domiciliary account holders can utilise cash deposits not exceeding $ 10,000 per day or its equivalent via telegraphic transfer.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>