The Central Bank of Nigeria of Nigeria (CBN) has announced that those making cash withdrawals above N500,000 in Lagos, Kano, Rivers, Ogun, Abia and Anambra States will from today fork out a little cash as bank charges.
In other States of the federation, the cashless policy takes effect from the last day of March next year.
Below are the details from the CBN memo announcing the percentage of charges:
