CBN Exempts Microfinance And Primary Mortgage Banks From Cash Withdrawal Limits
The Central Bank of Nigeria has said Microfinance banks (MFBs) and primary mortgage banks (PMBs) are now exempted from paying processing fees for withdrawals above the cash withdrawal limits. Musa Jimoh, Director of Payments System Management Department at the apex bank revealed this in a circular he signed. It read: “The Central Bank of…
