CBN faults banks on ATM cash withdrawal limits

The Central Bank of Nigeria, CBN, yesterday disagreed with the restructuring some banks have effected in their debit card, otherwise known as Automatic Teller Machine (ATM) services as well as some measures they introduced on foreign cash and e-payment transactions this week.

Some banks had early this week imposed N60,000 per day limit on ATM withdrawals while also limiting foreign currency withdrawal per day to $300.

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Why economically, we’re in trouble – Buhari

The trial of former public officers who looted the national treasury and stashed the funds in foreign banks will commence in few weeks. 

 

President Muhammadu Buhari disclosed this, yesterday,   when he met members of the National Peace Committee led by former Head of State, General Abdulsalami Abubakar at the Presidential Villa, Abuja.

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Terrifying pictures emerge of an 18 FOOT shark caught off an Australian beach

A gigantic six-metre tiger shark's corpse has had its jaw stripped out to be kept as a trophy after it was hauled onto a fishing boat off the Australian coast over the weekend.

Geoff Brooks posted two images of the six metre apex predator to Facebook on Tuesday, claiming that the tiger shark was 'caught off 7 Mile Beach' near Lennox Head, on the northern New South Wales coast, at some stage last week.

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JUST IN!! Boko Haram And Military Battle Near Maiduguri

Explosions and shooting were heard in Borno state on Tuesday, August 11. This time in Kayamula village of the Jere local government area, near capital Maiduguri.

According to Sahara reporters, the military was involved in gun battle with Boko Haram insurgents.

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Breaking News!! Over 50 Killed In Sabon Gari Market, Borno Bomb Blast

A bomb attack on a packed market in northeastern Nigeria bearing the hallmarks of Boko Haram killed around 50 people on Tuesday, sources said.

The explosion struck at around 1:30 p.m. (1230 GMT) in the town of Sabon Gari in Borno state, which is the heartland of the Islamist militant group.

“So far, 52 people are injured, 47 dead persons have been removed from the market,” Umar Kidda, a member of a civilian viligante group, told Reuters by phone.

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NNPC’s Kachikwu fires 38 top management staff... Read for More

The purge and enhancement of top echelon of Nigerian National Petroleum Corporation, NNPC with new appointments, retirements and deployments of personnel by Dr. Ibe Kachikwu,

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