New naira redesign: CBN places limit on cash withdrawal

The Central Bank of Nigeria (CBN) has placed limits on over-the-counter cash withdrawals, Automated Teller Machine (ATM) withdrawals, and point of sale (PoS) withdrawals. CBN’s director of banking supervision, Haruna Mustafa, in a statement on Tuesday, directed that over-the-counter cash withdrawals by individuals and corporate entities should not exceed ₦100,000 and ₦500,000, respectively, per week. […]

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South Africa’s Ramaphosa future fragile despite party backing

South African President Cyril Ramaphosa (C) waves outside the NASREC Centre in Johannesburg, on December 05, 2022 after a National Executive Committee (NEC) meeting of the Africa National Congress (ANC) to discuss the fate of the President. – Ramaphosa will not resign, the South African president lifted the suspense over the weekend. But hampered for […]

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We’ll fire back if Atiku boys attack G-5 governors again, Wike warns

Rivers State Governor, Nyesom Wike, has warned that further attack on G-5 Governors will attract the wrath of the Integrity Group as they will not hesitate to strike back. He urged the presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, to caution members of the presidential campaign council of the party and […]

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INEC: Elections can’t be conducted in an atmosphere of violence

The Independent National Electoral Commission (INEC) has said it is practically impossible to conduct elections and electoral activities successfully in an atmosphere of violence. It said Electoral Commissions in West Africa and beyond have expressed concern about the impact of prevailing insecurity on the conduct of elections, banditry and other forms of armed conflict. Consequently, […]

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I’m ready to lead Nigeria, Tinubu says at Chatham House

Presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu (right) and Managing Director, Risk, Ethics and Resilience at Chatham House, Alex Vines discuss his vision for Nigeria if elected president in London… yesterday. ‘I don’t do live interviews because I’m marketable’ Tinubu: Why I delegated el-Rufai, Ayade, others to answer questions Atiku Campaign […]

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FG decries opposition’s downplaying of Buhari’s achievements

Federal Government has faulted the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, for saying that the ruling All Progressives Congress (APC) has done nothing for Nigerians in the last eight years. Minister of Information and Culture, Lai Mohammed, said this at the 7th edition of the President Muhammadu Buhari Administration Scorecard Series […]

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Seven years after, Buhari falters on 24 million jobs promise

In 2014, Nigerian youths trooped out in large numbers to enlist for immigration jobs that did not exist. Photo: yahoo Singapore • NBS fails to release unemployment rate since 2020 • Ngige’s claim of seven million jobs created unlikely • NDP 2021-2025 to create 30m jobs a mirage, says Oyerinde • No honeymoon for who’ll […]

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Tinubu at Chatham House, vows to end insecurity, boost power generation

APC presidential candidate Bola Tinubu at Chatham House on Monday, December 5 2023… Credit: Twitter/ BashirAhmaad Responds to allegations of age falsification, family background, academic records Presidential candidate of the ruling All Progressives Congress, (APC), Asiwaju Bola Tinubu, on Monday vowed to end the security challenges bewildering the country if elected as president in the […]

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