On Tuesday, Nigeria’s Central Bank announced a new directive that restricts large amounts of cash from being withdrawn from automatic teller machines (ATM). According to reports, Nigeria restricted ATM cash withdrawals from $337 (150,000 naira) to $45 (20,000 naira) per day for individuals and businesses in order to encourage the use of Nigeria’s central bank […]
Source: Nigeria Bans ATM Cash Withdrawals to $45 per Day to Push Digital Payments