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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Insecurity: Senate Urges FG To Establish Modern Ranches Across The Country

The Nigerian Senate has directed its Committees on National Security and Intelligence, Livestock and Agriculture to collaborate with the federal government on establishing modern ranches across the country to curb insecurity. The Senate also resolved to introduce legislation that would regulate the movement of cattle from neighbouring countries into Nigeria. This follows a motion by…

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APDI Applauds Senator Solomon Adeola Yayi On Rehabilitation Of Abeokuta- Ayetoro-Imeko Road

Ayetoro-Yewa Patriotic Development Initiative (APDI) has lauded Senator Solomon Olamilekan Adeola ‘Yayi’ over rehabilitation of Abeokuta- Ayetoro-Imeko Road. APDI, a Community Development Non-Governmental Organisation has lent his voice to the commendations pouring in for the development oriented Senator representing Ogun West Senatorial District over the unprecedented development initiatives across Ogun West and especially the ongoing…

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GBAM! C0ndom Shortage Forces S3x Workers To Improvise With Baby Socks

Those employed in the world’s oldest profession in Zimbabwe claim they have resorted to using unconventional substitutes, including baby socks, for c0nd0..ms due to a critical shortage of c0ndoms in several communities. While the government denies a nationwide shortage, many areas are experiencing significant supply issues, HealthTimes report. The shortages have hit communities like Epworth,…

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House Of Assembly Suspends All LG Chairmen, Vice Chairmen For Defying Governor

The Edo State House of Assembly has suspended the chairmen and vice chairmen of the 18 local government councils for two months, following allegations of insubordination to Governor Monday Okpebholo. The suspension followed a petition from the governor, accusing the council leaders of refusing to submit their financial records to the state government. Okpebholo described…

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