Business collapse and contingency fund

Senators concerned CBN cash withdrawal limit will force businesses into collapse; Senate threatens to slash allocation to 100 MDAs over N5t Contingency Fund; And how that CBN cash limit can affect the 2023 elections.CBN has set a limit to cash withdrawals - whether over the counter or POS - in efforts to limit the volume of naira in circulation. As it goes, you can't withdraw above N20,000 a day without extra processing charges.

That is very serious it will lead to economic collapse

The decision pain dem. Lol

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Simba TVS Wins At Nigeria Business Leaders’ AwardsSimba TVS and its business head, Mahendra Pratap, grabbed the spotlight at the Business Day Nigeria Business Leaders’ Awards (NBLA) which was held in Lagos at
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Customers, companies panic as CBN slashes withdrawal limitsThe Central Bank of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which will become effective on January 9, 2023. What a country. 🙈
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