CBN Halts Charges On Cash Deposits Above N500,000 Till April 2024

The Central Bank of Nigeria (CBN) has halted the processing fees for cash deposits over N500,000 until April 2024. The declaration was issued by the apex bank on Monday in a circular that was signed by its acting director of banking supervision, Adetona Adedeji. In an effort to encourage cashless transactions, the banking authority implemented … [Read more…]









