BREAKING: CBN Sets Daily Withdrawal Limit On POS To N100k Per Customer

The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. This was contained in a circular to all deposit money banks (DMBs), microfinance Banks, mobile money operators and super-agents, titled ‘Cash-out limits for agent banking transactions,’. The apex bank of Nigeria, CBN, said the restriction…

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‘GHE GHE UNIVERSITY’: Coalition Urges NUC To Crack Down On Social Media ‘Universities’

A coalition of academics, students, alumni, and concerned citizens has issued a strong protest urging the National Universities Commission, NUC, to take immediate regulatory action against social media comedians and content creators who misappropriate the term “university.” In a letter addressed to the Executive Secretary and Board of the NUC, the coalition decried the rise…

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