The Central Bank of Nigeria (CBN) has introduced a new policy to strengthen its drive towards a cashless economy, setting a daily maximum transaction cash-out limit of N100,000 per customer for agency banking operators, also known as Point of Sale (PoS) operators. This directive, outlined in a circular issued on Tuesday by the CBN’s Payments …
Court orders restoration of suspended Edo LG chairmen
A State High Court has ordered the restoration of the suspended local council chairmen in Edo State. The court, presided by Justice Efe Ikponmwonba, issued the order on Friday, December 20, 2024. Justice Ikponmwonba gave the order while ruling on a suit filed by the embattled 18 council chairmen and the Edo State chapter of …
Northern senators visit Buhari in Daura
A delegation of northern senators visited former President Muhammadu Buhari on Friday in his hometown of Daura, Katsina State. The senators, led by Abdulaziz Yari from Zamfara State, visited Buhari to celebrate his birthday. They commended the former president for his contributions to Nigeria’s development. The delegation expressed admiration for Buhari’s leadership and enduring legacy, …
Yahaya Bello released from Kuje prison
Former Kogi State Governor Yahaya Bello has been released from the Kuje Custodial Centre. Bello was freed after meeting the bail conditions set by the Federal Capital Territory, FCT, High Court in Maitama, Abuja. His release was confirmed by the spokesperson for the FCT Command of the Nigerian Correctional Service, NCoS, Adamu Duza. Duza said: …
Czech Club Slavia Prague sign Nigerian Midfielder David Moses
Czech Republic football club, Slavia Prague have announced the signing of Nigerian midfielder, David Moses. Moses linked up with Slavia Prague from another Czech club MFK Karvina and signed a contract until December 31, 2029. “David is an extremely interesting player, proven in the Czech league, many clubs were interested in him, not only from …
35 dead, others in critical condition in Ibadan stampede – Police
The Oyo State Police Command says no fewer than 35 bodies of minors, who were killed in the Ibadan stampede have been recovered. The Police Public Relations Officer of the state, SP Osifeso Adewale, who confirmed this in a statement on Thursday, said about six minors who sustained severe injuries during the incident, are in …
Super Eagles maintain 44th position in latest FIFA ranking
Nigeria’s Super Eagles maintained 44th position in the latest FIFA men’s world ranking. The ranking was posted on the website of the world football governing body on Thursday. In November’s ranking the Eagles dropped eight places to 44th spot. The rankings reveal that Nigeria suffered a significant decline this year, dropping eight places to end …
Dangote Refinery reduces petrol price
Dangote Refinery has announced another reduction in the price of Premium Motor Spirit, PMS, or petrol. The company disclosed this in a statement by its spokesperson, Anthony Chiejina, released on its official X account on Thursday. The oil firm reduced its petrol ex-depot price to N899.50 per litre, down from N970. We have now announced …
Abuja Court grants ex-Gov Yahaya Bello to N500m bail
The Federal Capital Territory High Court, on Thursday, granted the immediate past Governor of Kogi State, Yahaya Bello, bail in the sum of N500 million with two sureties in like sum. Justice Maryann Anenih had, on December 10, refused the ex-governor’s bail application, stating it was filed prematurely. While delivering the initial ruling, she said …
IGP bans youth harassment by police
The Inspector-General of Police (IGP), Kayode Egbetokun, has issued a directive banning arbitrary arrests, harassment of youths, and the checking of mobile phones by police officers across the country. The directive follows rising concerns over police misconduct, particularly after recent comments by the United Kingdom opposition leader, Kemi Badenoch, on police abuses in Nigeria. According …