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CBN Lifts Deposit Limit of $10,000 in Foreign Currency Savings Account

 CBN Lifts Deposit Limit of $10,000 in Foreign Currency Savings Account The Central Bank of Nigeria has lifted the ban on deposits of $10,00...




 CBN Lifts Deposit Limit of $10,000 in Foreign Currency Savings Account



The Central Bank of Nigeria has lifted the ban on deposits of $10,000 in savings accounts as part of the reform of the Bank's operations.

The bank said that account holders have the right to visit their accounts at any time without restriction.


The Central Bank stated this in a statement issued after a meeting with the bank staff committee on Sunday. recent market changes and discussion of the implementation and impact of policy changes on bank customers.

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