The Central Bank of Nigeria (CBN) has set a maximum transaction limit of N20,000 within the first 24 hours of activating a mobile banking application on a new device. This is contained in a CBN circular issued to all financial institutions, dated March 12, 2025, and signed by the apex bank’s Director of Payments System […]
The post CBN sets N20,000 transaction limit for new mobile banking app activations appeared first on Nairametrics.
