Share 'CBN imposes fresh limits on cash transactions'
N150,000 for individuals; N1m for corporate firms
By Babajide Komolafe
LAGOS — FROM June 2012, individuals that make cash withdrawal or deposit above N150,000 would pay a fine of N100 per extra N1,000, while corporate organisations that make cash withdrawal or deposit above N1 million would pay fine of N200 per extra N1,000.
These limits for free cash withdrawal and deposits were part of a new…
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