CBN Reverses Self On Cash Withdrawal Limits. Individual now 500k while corporate N2.5m

Mixed feelings for some people

Finally Emiefele bowed to pressure.
What a shame.
He couldn't even drag them (politicians) by the balls for at least 3 weeks before election to scatter most of their plans

Lol according to obidient youth analysis and accusations let's say tinubu won.

This is not a reversal. It is just to stagger the execution of the policy.

The naira cash supply will still remain tight and CBN will get the banks to get people to use electronics than cash.

In the reality of the yuletide season and inflation still yet to be tamed then it makes sense that CBN stagger that policy.

As far as this policy is concerned, the yam and knife are still with the CBN.

Ok

Conspiracy theories have bedeviled this country.

Policies that meant well for this nation are been destroyed by greedy politicians.

Fullish hedots

I think this is fair enough.

blamingthedevil:
CBN Reverses Self On Cash Withdrawal Limits. Individual now 500k while corporate N2.5m

Great to know

Hand work of APC bullion van politicians

Selling and buying of votes to resume come Feb 2023 election day... they just want to continue to destroy this country with their corruption

tollyboy5:
Lol according to obidient youth analysis and accusations let's say tinubu won.

N500k will not be sufficient to buy even a ward.
Tinubu is still losing with this. Na POS people e favour.

Did he take some nkpumiri before?

He just has to go. He's incompetent. Very shallow upstairs. Not worthy of that office. Lower the bar of the office to an all time low.

Oversaw massive naira decline never witnessed before.

Enriching the banks at our expense. Withdraw money you are charged. Deposit, you are charged. Transfer, you are charged. Receive deposit, you are charged.

Other bank withdrawal through the ATM, you will only get 10k per withdrawal but in your bank, you can withdraw 40k at a time, thereby paying 35 naira after the 3rd withdrawal in a month not mentioning 4 naira per sms received. And he introduced it immediately he was hired.

Banning importation of goods we don't have an advantage there killing the naira and he wished to achieve the opposite. Dollars rose from 400 to an all time high at 830 as a result of this Ill time policy.

We used to buy foreign rice at 17k but now buying locally produced at 43k and he didn't reverse the useless policy.

Used foreign cars were used to be bought at 700k at the average now 2 million plus due to hash policies.

Sack him now to save our economy!!!

Is this weekly or daily?

Ladiesdoctor:
Conspiracy theories have bedeviled this country.

Policies that meant well for this nation are been destroyed by greedy politicians.

Fullish hedots

Mean well?

Please educate us more on this noble policy .

A sitting Central Bank governor that has orchestrated the greatest devaluation of the naira and has done all to weaken and destroy local businesses and clampdown on any avenue the citizens chose to escape his poverty inducing policies is whom you now see as rolling out a policy that will benefit you and the economy ?

Pls educate us on how this madness will be of benefit to the larger economy and the average now impoverished Nigerian citizen .

I am waiting.