Point AI

Powered by AI and perfected by seasoned editors. Every story blends AI speed with human judgment.

CBN reduces cash withdrawal limits: What does this mean for you?

Subject(s):

Psst… you’re reading Techpoint Digest

Every day, we handpick the biggest stories, skip the noise, and bring you a fun digest you can trust.

Digest Subscription (In-post)

Today on the Techpoint Africa Podcast, our reporters discuss the new withdrawal restrictions imposed by the Central Bank of Nigeria (CBN).

On Tuesday, December 6, 2022, the CBN issued a new directive to reduce withdrawal at ATMs and PoS terminals to ₦‎20,000 ($27) per day to further cashless policy. We look at how it will affect citizens, especially those operating in the informal sector.

You can catch up on the conversation on Google PodcastsApple PodcastsSpotifyYouTube, and anywhere you get your podcasts. You can also send your questions and observations to podcast@techpoint.africa or share your thoughts using the hashtag #TechpointAfricaPodcast.

Read next