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AllAfrica News: Banking and Insurance

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[This Day] The Central Bank of Nigeria (CBN), yesterday announced the removal of all limits on cash deposits, and raised the weekly cash withdrawal limit across all channels to N500,000 from N100,000 for individuals, and N5 million for corporates.

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[Vanguard] The Central Bank of Nigeria, CBN, yesterday removed the limit on cash deposit and raised the weekly cash withdrawal limits across all channels to N500,000 from N100,000.

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[Ghanaian Times] The Bank of Ghana (BoG) has exceeded the International Monetary Fund (IMF) end-of-year Gross International Reserve (GIR) benchmark for 2025, Governor Dr. Pandit Johnson Asiama has announced. The IMF had set the country's GIR target at $8.366 billion, equivalent to 3.3 months of imports, but Ghana's current reserves now stand at $11.4 billion, covering more than ...

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[Premium Times] The weekly limit applies across all channels, including ATMs and point-of-sale (POS) devices.

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[Capital FM] Nairobi -- Diamond Trust Bank (DTB) Kenya and its Uganda subsidiary have been ordered to pay a combined Sh500,000 in compensation after the Office of the Data Protection Commissioner (ODPC) found them in violation of Kenya's Data Protection Act, 2019.

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