No cash withdrawal limit for microfinance banks, PMBs – CBN

The Central Bank of Nigeria (CBN) on Monday excluded Microfinance Banks (MfBs) and Primary Mortgage Banks (PMBs) from its cash withdrawal limit policy. This was disclosed in a circular to all banks and other financial institutions (OFIs), signed by Musa Jimoh, director, payment system management department, CBN. Read also: Tinubu outlines N125bn plan for MSMEs
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