The Central Bank of Nigeria (CBN) has introduced a new policy that mandates deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100, 000 and N500, 000, respectively, per week. In a new memo to banks issued on Tuesday and signed by the Director of Banking Supervision, Haruna .B. Mustafa, individuals will only be able to withdraw N100,000 per week ( from over the counter, Point of Sale Machines or the Automated Teller Machines), while organisation can access N500,000 per week. Banks have also been directed to load…
Author: Victor Fola
The Presidential Candidate of the All Progressives Congress (APC) Asiwaju Bola Ahmed Tinubu has revealed the reasons he gave room for his delegates to answer questions at the Chatham House. The former Governor of Lagos state said he adopted the pattern to show that he is a man of team work. Tinubu spoke at the Chatham House lecture titled: ‘Nigeria’s 2023 elections: In conversation with Bola Ahmed Tinubu’. During the lecture, Tinubu assigned the Governor of Kaduna state, Nasir El-Rufai to speak on how his government would address insecurity. The Director of Strategic Communication of the All Progressives Congress (APC)…
Croatia have advanced to the quarter final of the ongoing FIFA World Cup in Qatar after defeating Japan 3-1 on penalties. Japan took the lead through Daizen Maeda in the first half before Ivan Perisic headed home an equaliser for Croatia. The 2018 runners-up goalkeeper Dominik Livakovic saved three out of the four penalties played by Japan as Croatia won the shoot-out 3-1. Japan, trying to reach the World Cup quarter-finals for the first time in their history, aimed to claim another big European scalp after beating Germany and Spain in the group stage in Qatar but Croatia denied the…
The National Examinations Council (NECO) has declared a war against malpractices in all its examinations. The Registrar/Chief Executive of NECO, Prof Ibrahim Wushishi, said the council has expressed its readiness to totally root out incidents of Ibrahim during a one-day sensitisation workshop on examination malpractice, in Uyo, the Akwa Ibom State said that there was an urgent need to curtail the problem to ensure all-round development of the country. He discussed the theme of the workshop “The role of education stakeholders in tackling examination malpractices in Nigeria”. He added that examination malpractice has the tendency to discourage hard work among…
The Governor of Rivers state, Nyesom Wike has knocked the former Speaker of the House of Representatives Yakubu Dogara for backing Atiku Abubakar’s presidential bid. The governor and four other southern governors are insisting that the National Chairman of the PDP Iyorchia resigns from his position. The governor and his allies have pulled out of the party’s presidential campaign with Wike saying the group will make a decision soon. Dogara and some aggrieved members of the ruling All Progressives Congress (APC) recently endorsed the presidential candidate of the Peoples Democratic Party (PDP) for next year’s election, a move Wike says…
…my records are consistent, verifiable Presidential Candidate of the All Progressives Congress, APC, Bola Ahmed Tinubu has boasted about the success he racked up in his career as an accountant, stating that no presidential candidate competing with him for the presidency can match up to his outstanding career records. The former Lagos State governor also clarified claims of his records being ingenuine, affirming that his records are consistent and available to be verified by anyone who has questions about his profile. Tinubu said this while speaking at an independent policy institute, Chatham House in London, England on Monday. He said…
The All Progressives Congress has shared the United States of America’s visa of its Presidential candidate Bola Tinubu, debunking rumours spread around by its detractors that he was denied entry into United States Tinubu is currently in London where he is billed to speak at Chatham House in London with a host of foreign investors and economic brainiacs to break down his presidential bid and plans for the country. Rumour had earlier went round that Tinubu postponed the United States trip scheduled to start this month because he was denied a visa. The Presidential Campaign Council spokesperson Festus Keyamo, released…
Criticisms have continued to come the way of the Labour Party after its party’s National Publicity Secretary, Aboyemi Arabambi revealed that the party’s leadership carries out forgery on even sacred documents like the Court of Appeal Judgment. Arabambi disclosed this while speaking on Arise TV’s Morning Show on Saturday. He revealed that the party’s leadership forged the signatures of an Appeal Court ruling in order to include names of candidates for the Lagos State National Assembly election, going on to present the list to the Independent National Electoral Commission (INEC). This revelation is coming weeks after PODIUM REPORTERS had reported…
… Pledges digital revolution, National Talent Strategy Vice Presidential Candidate of the All Progressives Congress (APC), Senator Kashim Shettima says upon emerging victorious at the February elections, their administration will ensure that Nigeria taps into the $14.5 trillion global digital economy of the Fourth Industrial Revolution (4IR). Shettima stated this at a Roundtable Discussion with Leading American Company Representatives at the United States Consulate in Lagos at the weekend. The event was organised by United States Ambassador to Nigeria, Mary Beth Leonard, and Consul General William B. Stevens in conjunction with the American Business Council. According to him,…
The Nigeria Railway Corporation (NRC) has said that the Abuja-Kaduna will resume operations with only two return services. NRC suspended train service along the route after Boko Haram terrorists attacked a moving passenger train in Kaduna on March 28, 2022. In a statement by the Managing Director of the NRC, Fidet Okhiria said that the first train will depart Rigasa train station in Kaduna state to Abuja by 8:00 in the morning while from Abuja, the first train will depart Idu train station to Kaduna state by 9:45 in the morning. Fidet said further that the passengers must present their…