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📈 Follow the trend, pick your points, wait for the signal
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📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
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Launchpool 👉 https://www.gate.com/announcements/article/47771
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Nigeria's making waves with a drastic cut in ATM withdrawal limits. Just $45 a day now. Kinda wild, right? Haruna Mustafa's behind this. It's all about pushing folks towards digital money and that eNaira thing.
The central bank dropped this bombshell on October 27, 2025. New rules are tight. $45 daily, $225 weekly from ATMs. Big change. Used to be way higher.
Weekly caps? $225 for regular people, $1,125 for businesses. Go over, pay up. 5% for individuals, 10% for businesses. Even POS machines are capped.
But here's the thing. eNaira? Not really taking off. Launched in 2021, but less than 0.5% of Nigerians were using it last year. Bit of a head-scratcher for the central bank.
This whole push? It's part of that "cash-less" policy from way back in 2012. Efficiency and all that jazz. These new limits? They're not messing around. Seems like they're dead set on making Africa's biggest economy go digital.