nigeria cash shortage

  1. Banks Set N20,000 Daily Withdrawal Cap as Nigeria’s Cash Shortage Deepens

    Nigeria Banks Set N20,000 Daily Withdrawal Cap as Nigeria’s Cash Shortage Deepens

    Due to ongoing cash shortages in Nigeria, banks have imposed a daily withdrawal limit of N20,000 for multiple account holders. Some ATMs are capping withdrawals as low as N5,000, with POS operators also facing difficulties due to low cash supply, causing widespread hardship for customers and...
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