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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INVESTIGATION: FUOYE VC, Prof. Abayomi Fasina, Targeted In Orchestrated Smear Campaign

After a thorough investigation into the recent allegations of sexual harassment leveled against the Vice-Chancellor of the Federal University Oye-Ekiti (FUOYE), Prof. Abayomi Sunday Fasina, Democracy Watch News can confirm that the claims are part of a well-coordinated character assassination attempt aimed at tarnishing his reputation. Our independent inquiry, which involved speaking with university staff,…

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Police Detain Officer Accused Of Stabbing Civilian In Ekiti

The Ekiti State Police Command has arrested a police officer accused of stabbing a civilian in Ise-Ekiti following a dispute involving the officer’s girlfriend and the victim’s son. The incident sparked public outrage after a viral video surfaced showing the victim’s daughter accusing the officer—allegedly an orderly to a local government chairman—of attacking her father…

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Actor Jigan Loses Ambassadorial Deal Over Leaked Mohbad Group Chat Scandal

  Rods Hotels and Apartments has officially terminated its ambassadorial deal with Nollywood actor Jigan Baba Oja following his alleged involvement in a controversial celebrity group chat linked to the ongoing demand for justice over the death of singer Mohbad. The hospitality brand made the announcement shortly after social media activist Verydarkman leaked conversations from…

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Enact Laws Stopping Politicians From Carrying Large Sums Of Money At Polling Unit, INEC Tells NASS

The Independent National Electoral Commission (INEC) has called on the National Assembly to enact stricter laws prohibiting politicians from possessing large sums of money within polling areas in order to curb vote-buying and other electoral malpractices during elections. This is also as the Chairman of the House Committee on Electoral Matters, Hon. Adebayo Balogun announced…

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FLASH: Bomb Explosion Hits Abuja School 

An explosion at an Islamiyyah school in the Kuchibiyi community of Bwari Area Council, Federal Capital Territory (FCT), has resulted in the death of one student and left four others critically injured. The tragic incident occurred around noon on Monday, January 6, 2025, sending shockwaves through the community, located approximately 42 kilometers from Abuja’s city…

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