U.S ANNOUNCES VISA CURBS FOR SOME FOREIGN NATIONALS IN SOUTH AFRICA. (PHOTO).

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 U.S announces visa curbs for some foreign nationals in South Africa Secretary of State Marco Rubio ‌said on Tuesday the U.S. government was announcing a new visa restriction ​policy targeting some foreign nationals ​in South Africa. The policy targets "foreign ⁠nationals who are responsible for, ​or complicit in, the enactment or ​implementation of laws or policies that enable uncompensated land seizures, race-based discrimination, and/or ​the incitement of imminent violence ​against members of minority ethnic or racial ‌groups ⁠in South Africa," Rubio said in a statement. "The South African government has not adequately addressed the ​previously laid ​out ⁠concerns," Rubio said, Reuters reported. Relations between Washington and Pretoria have ​soured since the start of ​Donald ⁠Trump's second term, with the U.S. president criticizing the country ⁠for ​its policies aimed at ​addressing racial inequality.
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CBN REVIEWS OVER-THE-COUNTER WITHDRAWAL LIMITS. (PHOTO).#PRESS RELEASE.

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Strict adherence to cashless policy it is!!!

CBN Reviews Over-the-Counter Withdrawal Limits 

1. N100,000 and N500,000 weekly limit for personal and corporate accounts 

2. Amounts over that limit attract a 5% and 10% processing charge respectively

3. Maximum withdrawal limit from ATM is N20,000 daily and N100,000 weekly

4. Only N200 notes & lower denominations will be loaded into the ATM

5. Maximum withdrawal via POS is N20,000 daily

6. In exceptional cases and not more than once a month, the amounts of N5m and N10m for personal and corporate accounts can be accessed. This will require approvals and payments of all effective charges (5% and 10% respectively).

Effective January 9, 2023

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