Tag Archives: New Naira: CBN Limits Amount To Be Deposited In Old And New Individual’s Account#

New Naira: CBN Limits Amount To Be Deposited In Old And New Individual’s Account

ABUJA – THE Central Bank of Nigeria (CBN) has directed all Banks in the country that individuals can only deposit N5 million for a new account and N50 million for an old account in one month. The directive, which was issued by CBN Director of Currency, Ahmed B. Umar, was …

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