Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, says the apex bank would not reverse its decision on cash withdrawal limits.
The policy has been met with public outcry, pushing the Senate and the House of Representatives to summon the Governor.
A maximum of one hundred thousand naira was set for individuals and five hundred thousand naira for companies.
Emefiele appealed to Nigerians to embrace the policy, saying it is subject to review.