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cash withdrawal

CBN restricts withdrawal of foreign currency deposits

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CBN, Oyo

…Limits cash deposits to cash withdrawals …Lifts retail secondary market with injection of $292.34m The Central Bank of Nigeria (CBN) has restricted the process of cash withdrawal of electronic transfer deposits made into domiciliary accounts. The apex bank on Sunday explained that bank customers can deposit dollars into their domiciliary accounts but are not allowed […]