As the country to witness a nationwide cash paucity a yet to be identified man has allegedly slumped and died at a bank in Agbor, Delta state after waiting for several hours to withdraw cash.The incident happened inside the banking hall on Thursday afternoon, February 2, 2023.Facebook user, Omole Mike, shared a photo of the deceased and wrote;"Just now, at about 1:30 pm. Somebody collapsed and died in the First bank of Nigeria, Agbor Branch. The Date is on 02-02-202...

Following the uproar and condemnation of the cash withdrawal policy by the apex bank, the Central Bank of Nigeria (CBN) has now adjusted the policy benchmark by increasing the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively.The directive is contained in a circular issued by the bank on Wednesday and signed by Haruna Mustafa, director of banking supervision department.Th...

President Muhammadu Buhari has said his administration will not go back on the plan of the Central Bank of Nigeria (CBN) to redesign the nation’s highest currency notes of N1,000, N500, and N200.Buhari said this on Wednesday evening in London, UK, shortly after meeting with King Charles III at Buckingham palace.Check the New Policy Below: