Tinubu's Aide Dispels Rumors of ₦500,000 Card Payment Limit in Nigeria
An aide to Tinubu clarified that there is no ₦500,000 limit on card payments in Nigeria, refuting social media misinformation. The Central Bank of Nigeria recently announced a revision to its cash withdrawal rules effective January 2026, aiming to reduce cash management costs, strengthen security, and combat money laundering risks associated with heavy reliance on physical currency.
Plus234Feed summary based on reporting from NaijaNews. Read the original report below.
Read full article
Continue on NaijaNews
Share
