• Home
  • Domiciliary Account

Tag: Domiciliary Account

NAFEM: Dollar supply hits 180% as banks sell $440m

CBN lifts cash deposit restriction on domiciliary accounts

The restrictions on domiciliary accounts have been abolished by the Central Bank of Nigeria. The Punch reported that the CBN released in a statement on Sunday that the new regulations gave account holders unlimited deposit options, unrestricted access to funds in account, and daily withdrawal limits of up to $10,000. The press release’s headline said, “CBN issues further […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]