Nigeria bans cash withdrawals from ATMs over $225 per week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a wider campaign to encourage digital financial transactions.
![Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMzM4Y2IzY2UtNDYzYy00MGI5LWI0YmYtNDkxMjQzNGUwODk1LmpwZw==.jpg)
![Nigeria bans cash withdrawals from ATMs over $225 per week to force use of CBDC](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMzM4Y2IzY2UtNDYzYy00MGI5LWI0YmYtNDkxMjQzNGUwODk1LmpwZw==.jpg?#)
The limits set by the Central Bank of Nigeria are part of a wider campaign to encourage digital financial transactions.
![Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMzM4Y2IzY2UtNDYzYy00MGI5LWI0YmYtNDkxMjQzNGUwODk1LmpwZw==.jpg)
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