Webinar on:  The New CBN Cash Withdrawal Limits: Potential Tax Implications for Traders and How to Manage Them

We at Vi-M Professional Solutions, are delighted to invite you to our webinar on the theme, “The New CBN Cash Withdrawal Limits: Potential Tax Implications for Traders and How to Manage Them”.

On 6 December, 2022, the Central Bank of Nigeria (CBN), via its letter to all deposit money banks (DBMS) and other financial institutions, payment service banks (PSBs), primary mortgage banks (PMBs) and Microfinance banks (MFBs); set new cash withdrawal limits for all Nigerian individuals and corporate bodies.

Although a subject of huge controversies since the release of the Notice, these cash withdrawal limits are currently scheduled by the CBN to become effective from 9 January 2023.

This webinar seeks to highlight the potential tax implications of this new policy for Nigerian traders and how they can be effectively managed. 

The webinar is scheduled to hold on Thursday, 15 December 2022, from 8.00am to 9.00am prompt (WAT). 

The speakers at the webinar will include the following: (Drawn from across Consulting firms, Bank(s), International Centre for Commerce, Trade Fair Complex Lagos, and the Lagos Internal Revenue Service (LIRS)):

  1. Vivian Chigozie-Nmonwu (Host & Speaker) – Co-founder & Partner, Vi-M Professional Solutions and LA-PJ Payroll Technicians
  2. Magnus Nmonwu – Co-founder & Partner, LA-PJ Payroll Technicians and Vi-M Professional Solutions
  3. Dr. Folasade Coker – Director Informal Sector & Special Duties, Lagos State Internal Revenue Service
  4. Mr. Osita Haruna Dozie – Administrative Secretary, International Centre for Commerce, Trade Fair Complex Lagos
  5. Olumide Balogun – Country Head, SME, Ecobank Nigeria

To register for the webinar, please visit: https://us06web.zoom.us/webinar/register/WN_nNrFrNraRDuyxYaxn8O7Dg.

For enquiries, please contact Vivian Chigozie-Nmonwu and /or Magnus Nmonwu via clients@vi-m.com.