CBN reduces cash withdrawal limits: What does this mean for you?

This episode is also available on YouTube - https://youtu.be/Xi1ec1PYKRIToday on the Techpoint Africa Podcast, our reporters discuss the new withdrawal restrictions imposed by the Central Bank of Nigeria (CBN). On Tuesday, December 6, 2022, the CBN issued a new directive to reduce withdrawal at ATMs and PoS terminals to ₦‎20,000 ($27) per day to further cashless policy. We look at how it will affect citizens, especially those operating in the informal sector.To advertise or promote your brand, visit this link or send an email to business@techpoint.africaTimestamps00:00 - Intro03:12 - Why is CBN doing this04:29 - Inflation or cashless policy: CBN's endgame05:50 - What this means for Nigeria's cash-driven economy08:28 - Who are the biggest winners Useful links

CBN reduces withdrawal at ATMs, PoS, to ₦‎20,000 ($27) per day to further cashless policy
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This episode was produced by Ogheneruemu Oneyibo and Gracious Sede Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa for more stories.Music - Beach by MBB