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    Buhari never embezzled public funds—- Akpabio

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    Climate change: Gombe ACReSAL distributes 975 clean stoves to communities

    Buhari never embezzled public funds—- Akpabio

    Good Night, Till we meet to Part no more… A Farewell to the father of Integrity

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    Gothia Cup 2025: Brutal Mailantarki FC thrash Swedish IFK Kumla in World Youth Cup debut

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    Buni approves two minimum wages for varsity staff, others in Yobe

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    Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

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    MNJTF deploys swamp buggies to tackle terrorism, water hyacinths in Lake Chad  

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    Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

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    Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

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      MNJTF deploys swamp buggies to tackle terrorism, water hyacinths in Lake Chad  

      Nigerian Army boosts troops’ morale with 70 houses to end terrorism, kidnapping

      DHQ Debunks Misleading Reports, Says CDS Musa Never Blamed Benue Victims

      Troops Foil Massive Bandit Invasion in Kebbi, Neutralize Dozens

      CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

      CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

      Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

      Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

      Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

      Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

      Army, Police collaborate to tackle insecurity, two others in Borno

      Army, Police collaborate to tackle insecurity, two others in Borno

      Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

      Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

      Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

      Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

      NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

      NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

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        Osunsanya, Onwuka, Duru Named in NANTAP FCT’s State Advisory Council

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        Afrobeat Star D’Banj to Perform at African Military Games Abuja 2024

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        Buhari never embezzled public funds—- Akpabio

        Buhari never embezzled public funds—- Akpabio

        Climate change: Gombe ACReSAL distributes 975 clean stoves to communities

        Climate change: Gombe ACReSAL distributes 975 clean stoves to communities

        Buhari never embezzled public funds—- Akpabio

        Good Night, Till we meet to Part no more… A Farewell to the father of Integrity

        Gothia Cup 2025: Brutal Mailantarki FC thrash Swedish IFK Kumla in World Youth Cup debut

        Gothia Cup 2025: Brutal Mailantarki FC thrash Swedish IFK Kumla in World Youth Cup debut

        Buni distributes agricultural inputs to 1,000 vulnerable farmers in Yobe

        Buni approves two minimum wages for varsity staff, others in Yobe

        Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

        Armed Forces Score 81% in BRAVE-IT Security Rating, Navy, NDLEA Receive Top Honours

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        MNJTF deploys swamp buggies to tackle terrorism, water hyacinths in Lake Chad  

        Nigerian Army boosts troops’ morale with 70 houses to end terrorism, kidnapping

        DHQ Debunks Misleading Reports, Says CDS Musa Never Blamed Benue Victims

        Troops Foil Massive Bandit Invasion in Kebbi, Neutralize Dozens

        CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

        CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

        Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

        Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

        Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

        Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

        Army, Police collaborate to tackle insecurity, two others in Borno

        Army, Police collaborate to tackle insecurity, two others in Borno

        Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

        Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

        Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

        Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

        NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

        NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

        Trending Tags

          • Adamawa
          • Bauchi
          • Borno
          • Gombe
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        • Defence
          MNJTF deploys swamp buggies to tackle terrorism, water hyacinths in Lake Chad  

          Nigerian Army boosts troops’ morale with 70 houses to end terrorism, kidnapping

          DHQ Debunks Misleading Reports, Says CDS Musa Never Blamed Benue Victims

          Troops Foil Massive Bandit Invasion in Kebbi, Neutralize Dozens

          CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

          CDS Musa Launches Youth-Led SAVE Task Forces, Rallies Northeast Students Against Extremism

          Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

          Navy, Army commit to secure naval base, Lake Chad waters against insurgency in Borno

          Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

          Army Vows Crackdown on Benue Killers, Strengthens Operations Nationwide  

          Army, Police collaborate to tackle insecurity, two others in Borno

          Army, Police collaborate to tackle insecurity, two others in Borno

          Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

          Deadly Blow to Terror: Haram Commander Abu Fatima Killed in Kukawa Strike

          Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

          Fierce Firepower: Troops Repel Boko Haram Attacks in New Marte, Kumshe — Recover VBIED, Neutralize Dozens

          NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

          NAF Jets Pound Over 100 Illegal Refineries in Niger Delta Blitz

          Trending Tags

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            Osunsanya, Onwuka, Duru Named in NANTAP FCT’s State Advisory Council

            Osunsanya, Onwuka, Duru Named in NANTAP FCT’s State Advisory Council

            Actor Godwin Nnadiekwe Raises Alarm Over On-Set Safety After Near-Fatal Injury

            Actor Godwin Nnadiekwe Raises Alarm Over On-Set Safety After Near-Fatal Injury

            Empowering Women, Transforming Africa: CBW-Africa to Host Landmark Summit in Lagos

            Empowering Women, Transforming Africa: CBW-Africa to Host Landmark Summit in Lagos

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            Court Postpones Speed Darlington’s N300m Suit Against Police Until March 19

            Funke Akindele, Tunde Olaoye Top Nigeria’s Highest-Grossing Directors of 2024

            Funke Akindele, Tunde Olaoye Top Nigeria’s Highest-Grossing Directors of 2024

            Afrobeat Star D'Banj to Perform at African Military Games Abuja 2024

            Afrobeat Star D’Banj to Perform at African Military Games Abuja 2024

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          Banks Raise ATM Cash Withdrawal Limit To N200,000

          Halima Abdulkadiri by Halima Abdulkadiri
          July 6, 2023
          in National, News
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          Banks Raise ATM Cash Withdrawal Limit To N200,000

          Banks Raise ATM Cash Withdrawal Limit To N200,000

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          Banks Raise ATM Cash Withdrawal Limit To N200,000

          Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash customers can withdraw on a daily basis to N200,000.

          In an emailed notice to customers yesterday, Zenith Bank said customers can now ‘perform cash withdrawals of up to N200,000 per day’ at its ATM terminals across the country.

          This, it said, is irrespective of the bank that issued the card.

          The bank, however, stated that the N500,000 weekly cashless policy withdrawal limit for individuals still stands.

          Read Also: BBN Chichi Files N100 Million Lawsuit Against Phyna

          There are insinuations that other banks in the country may follow this path, by allowing their customers to withdraw, through ATM terminals, large amounts in the region of N200,000, even though they have not made it public.

          Before now, most banks had put a limit of N20,000 daily withdrawal on their ATM terminals mainly for cards issued by other banks. The limit had been put in place during the naira redesign policy.

          The Central Bank of Nigeria (CBN) had, last December, limited weekly cash withdrawals over the counter to N100,000 for individuals and N500,000 for organisations. It also set daily cash withdrawals at point of sale (POS) and ATM terminals at N20,000 per day, with the directive taking effect from January 9, 2023.

          Customers had resorted to seeking out their bank ATMs where they could make more withdrawals, or making cash withdrawals over the counter.

          A circular issued by the apex bank during the period stated that “the maximum cash withdrawal per week via ATM shall be N100,000 subject to a maximum of N20,000 cash withdrawal per day.

          “Only denominations of N200 and below shall be loaded into the ATMs. The maximum cash withdrawal via point of sale (POS) terminal shall be N20,000 daily.”

          The limits on POS as well as denomination part of the statement have, however, not held ground as cash withdrawals limit through POS has since been in excess of N20,000 while all ATMs are dispensing only N1,000 and N500 notes.

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