Banks increase cash withdrawal limit to shorten queues
Deposit Money Banks (DMBs) are planning to increase their cash withdrawal limits from the current N20,000 to N50,000 range to over N80,000 to N100,000, according to multiple bank officials. The approach, it was learned, will allow bank branches to reduce lingering queues in various cities across the country. As part of a concerted effort to facilitate the circulation of both …