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THE IMPLICATION OF LIMITATION OF CASH WITDRAWALS/DEPOSITS: PROS & CONS.
On the 6th day of December, 2022 the Central Bank of Nigeria (CBN) issued a circular directing Deposit Money Banks, Payment Service of Bank (PSB) and other financial Institutions limiting cash withdrawal by customers from their accounts.
Our corporate commercial practice group recently reviewed the legal framework of this regulation from a pros and cons perspective.
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We are pleased to have represented Alhaji Liman Isah Kantigi; the gubernatorial candidate of the Peoples’ Democratic Party (PDP) in Niger State in the Forthcoming 2023 General Election, in a contentious Pre-Election litigation which was a fall out from the Primary Election Conducted by the Party on the 26th day of April, 2022.
2022-11-22
Nigeria’s small business sector, particularly the micro, small, and medium-sized enterprises (MSMEs), plays a critical role in driving the economy. However, in recent years, an increasing number of small businesses have adopted a strict "no refund" policy, leaving customers with little recourse in cases of dissatisfaction.
2024-10-06
