DOLLY PARTON RETURNS TO PUBLIC EYE TO CELEBRATE OPENING DAY AT DOLLYWOOD . (PHOTO).

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 Dolly Parton returns to public eye to celebrate opening day at Dollywood     Dolly Parton made her first public appearance in months to celebrate the opening day of Dollywood in Pigeon Forge, Tennessee, on Friday. The country music icon reflected on the past year, a year after the death of her husband of nearly 60 years, Carl Dean, saying she is “doing good” and has been working to rebuild herself spiritually, emotionally, and physically after grieving and dealing with health issues that kept her from touring. Joined on stage by Dollywood president Eugene Naughton, Parton brought her trademark humor to the crowd, joking about rumors of a new husband while reaffirming her devotion to Dean. She also shared updates on her ongoing projects, including a new Broadway musical and her Dolly’s Life of Many Colors Museum in Nashville. Parton previewed the park’s 41st season, highlighting the upcoming NightFlight Expedition ride, a new “Run Dollywood” race weekend, an updated ...

CBN RAISES CASH WITHDRAWAL LIMITS, SCRAPS DEPOSIT CAPS IN MAJOR POLICY SHIFT. (PHOTOS). #PRESS RELEASE.


 CBN Raises Cash Withdrawal Limits, Scraps Deposit Caps in Major Policy Shift

The Central Bank of Nigeria (CBN) has announced a significant relaxation of its cash withdrawal and deposit regulations, effective January 1, 2026, in a move aimed at improving liquidity and easing the burden on businesses and individuals amid prevailing economic challenges.

In a circular signed by Dr. Rita I. Sike, Director of the Financial Policy and Regulation Department, the apex bank raised the weekly cash withdrawal limit for individuals from ₦100,000 to ₦500,000 across all channels, including ATMs, Point-of-Sale (POS) terminals, and over-the-counter transactions. Corporate entities will now enjoy a higher weekly limit of ₦5 million, up from the previous ₦500,000.

At the same time, all restrictions and processing fees on cash deposits have been completely removed, allowing unrestricted deposits without penalties.

Key Changes Effective January 1, 2026

Weekly cash withdrawal (Individuals)

₦100,000 (all channels)

₦500,000 (all channels)

Weekly cash withdrawal (Corporates)

₦500,000 (all channels)

₦5 million (all channels)

Daily ATM withdrawal

₦20,000 – ₦40,000 (bank-dependent)

Up to ₦100,000 (counts toward weekly limit)

Cash deposits

Caps applied; fees on excess

No limits, no fees

Third-party cheque withdrawals

₦100,000

Remains ₦100,000 (counts toward weekly limit)

Charges on excess withdrawals

Strict enforcement

3% (individuals), 5% (corporates); revenue shared 40% CBN, 60% banks

Special authorisations for large withdrawals

₦5m (individuals)/₦10m (corporates) monthly

Completely discontinued

ATM currency loading

Restricted denominations

All denominations permitted

The CBN stated that the revisions are intended to address current economic realities, including high inflation and liquidity constraints, while maintaining the broader goal of reducing cash dominance in the economy. The policy builds on the 2022-naira redesign and cash-limit framework, which was originally introduced to curb cash hoarding and money laundering.

Banks are now required to submit monthly reports to the CBN on all withdrawals above the new limits and on cash deposit patterns.

More photos below. 




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