The Central Bank of Nigeria (CBN) has warned that it will sanction banks that restrict Automated Teller Machine (ATM) withdrawals to amounts below N20,000 per transaction. This directive follows concerns raised by customers over the recently reviewed ATM withdrawal fees. Earlier this week, the CBN announced an increase in ATM withdrawal charges, stating that…
Former Super Eagles boss Jose Peseiro has secured a sensational return to the dugout as the new head coach of Egyptian Premier League (EPL) powerhouse Zamalek. The Portuguese tactician’s two-year stint with Nigeria was nothing short of dramatic. A rocky start saw him lose his first two games, only to bounce back with crucial victories….
President Bola Tinubu. By Dianabasi Effiong The Tinubu Media Support Group (TMSG) has commended President Bola Tinubu’s approval of a N758bn bond to offset outstanding pension liabilities for retired federal civil servants. According to the group, the approval is also proof of President Tinubu’s sense of care and compassion for people. It is a practical…
The Naira continued to strengthen against the dollar at the parallel foreign exchange market on Friday, February 14, 2025. However, the Central Bank of Nigeria (CBN) has yet to update the official rates again, more than 16 hours after the market closed. At the black market, the Naira gained N5 against the dollar to trade…
U.S. Congressman Scott Perry has alleged that the United States Agency for International Development (USAID) has been funding terrorist organizations, including Boko Haram. Perry, a Republican representing Pennsylvania, made the claim during the inaugural hearing of the Subcommittee on Delivering on Government Efficiency on Thursday, February 14. During the session, titled “The War on…
