THE Central Bank of Nigeria (CBN) has reviewed its cumulative daily withdrawal limit from N100,000 to M20,000 from the ATM.
This was contained in a Press Release to customers of Fidelity Bank Plc sent via the customers email on Thursday morning, January 26, 2023.
“DOWNWARD REVIEW OF DAILY WITHDRAWAL LIMIT ON ATM”
Please be informed that the Central Bank of Nigeria (CBN) has revised its daily cash withdrawal limit on ATM from N100,000 to N20,000 effective 23rd of January 2023″.
“This means that you will only be able to withdraw a cumulative daily amount of N20,000 from your account across all ATMs irrespective of the banks.”
It will be recalled that the All Progressives Congress (APC) Presidential Candidate, Asiwaju Bola Ahmed Tinubu alerted Nigerians that the policy on the New Naira Design and fuel scarcity was to scuttle the 2023 general elections.
He made the statement at the MKO Abiola Stadium, Abeokuta on Wednesday, January 25, 2023 at the campaign rally.