Central Bank of Nigeria – Politics Governance

CBN Announces New N100 ATM Transaction Fees For #20,00 Withdrawal

February 11, 2025 Admin

The Central Bank of Nigeria (CBN) has reviewed the transaction fees for Automated Teller Machine (ATM) services, with new N100 charges for N20,000 withdrawal, set to take effect from March 1, 2025. In a circular signed by John Onojah, the acting director of the Financial Policy and Regulation Department, the CBN stated that the fee adjustment aims to address the rising operational costs and enhance efficiency within the banking sector. The last time the ATM transaction fees were revised was in 2019 when the CBN…

Tinubu Appoints Yemi Cardoso CBN Governor

September 15, 2023 Admin

President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate. In a statement signed by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale, “This directive is in conformity with Section 8 (1) of the Central Bank of Nigeria Act, 2007, which vests in the President of the Federal Republic of Nigeria. “The…

CBN Policy: Nigeria Banks Set To Begin Closure Of Accounts Of Unregistered Associations And Societies

July 24, 2022 Admin

Most of Nigeria’s banking service providers have recently commenced the process of closing down the bank accounts of unregistered associations and societies domiciled in their respective banks pursuant to a directive of the Central Bank of Nigeria to that effect. The Central Bank of Nigeria (CBN) had recently directed that all Community Based Association bank accounts opened without CAC Certificate be closed on or before July 12, 2022. It further directed any Association, Club, Town Union, Age Grade, Foundation, or Church account affected to register with Corporate Affairs Commissions and…

Of Puppets, Puppeteers And Puppeteering By Sunny Awhefeada March 7, 2025
By Sunny Awhefeada, Much of what we call politics and governance in Nigeria is actually in the realm of puppetry, a dramatic genre that is beholden to absurdity. The events that recently played out in the Lagos State House of Assembly attest to the reality of politics as puppetry especially in Nigeria’s, presumably, most […]
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Omo-Agege Stands Tall: Chief Ayiri Emami Hails Senator’s Commitment To APC March 7, 2025
The Prime Minister of Warri Kingdom and leader of the All Progressives Congress (APC) in Delta State, Chief Ayiri Emami, has praised former Deputy Senate President, Obarisi Ovie Omo-Agege, for his unwavering commitment to the APC. Speaking during an APC interactive stakeholders’ meeting in Delta South Senatorial District with Senator Ovie Omo-Agege, CFR (KSJI), […]
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Court Bars Mrs Kate Sam Ngbor From Bearing Her Ex-husband’s Names 11 years After Divorce March 7, 2025
After 11 years of divorce, a customary Court holden at Rumuogba in Rivers State, has stripped Mrs Kate Ngbor of continuing bearing her former husband’s names with immediate effect. The Claimant, Chief Sam Ngbor, has in suit no: OCC/9/2021, sought the court order to restrain his former wife, Mrs Kate Ngbor from continuing bearing […]
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Tinubu’s Economic Policies Yielding Results – Omo-Agege March 6, 2025
The former Deputy President of the Senate, Senator Ovie Omo-Agege, has praised President Bola Tinubu’s economic policies, saying they are yielding the desired results. Speaking during his interactive leaders and stakeholders’ meetings in Warri South-West, Isoko South, and Isoko North local government areas, Senator Ovie Omo-Agege, the Delta APC governorship candidate in the 2023 […]
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2027: Delta PDP May Not Have Governorship Candidate- Okotete March 6, 2025
..…clarifies ministerial denial Former National Women Leader of the All Progressive Congress (APC), Miss Stella Okotete has asserted that the People’s Democratic Party (PDP) in Delta State might not be featuring a legitimate candidate in the 2027 general elections. She dismissed claims that the Delta State Governor, Rt. Hon. Sheriff Oborewori and the PDP […]
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Hope Dashed As Elders, Leaders Reject Ogboru’s Return To APC In Ethiope East March 4, 2025
The hope of Chief Great Ovedje Ogboru, returning to the All Progressive Congress, APC, is currently being dashed as elders, leaders of the party in Ethiope East Local Government Area of Delta State, has rejected his advance and moves. Chief Great Ogboru, it was learned is currently seeking the final approval to dish the […]
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Delta 2027: APC Set to End PDP’s Reign, Says Omo-Agege March 4, 2025
Delta 2027: APC Set to End PDP’s Reign, Says Omo-Agege Leveraging President Bola Tinubu’s landmark economic reforms and internal restructuring, as well as widespread discontent with the Oborevwori administration’s failures, Senator Ovie Omo-Agege, the former Deputy President of the Senate, has confidently predicted an All Progressives Congress (APC) victory in the 2027 Delta State governorship […]
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Two Killed As Cults Resume Rivalry In Ughelli March 3, 2025
TWO persons suspected to be rival cult groups member have been killed at different locations within Ughelli Metropolis in a related crisis between two cult groups in Ughelli North Local Government Area of Delta State. It was learned that the issue involving the two groups was a result of alleged rentage […]
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OBOREVWORI: Transforming lives through potable water supply in Delta March 3, 2025
By Festus Ahon Access to clean and safe drinking water is a fundamental human right; yet, many communities in Nigeria still struggle to obtain it. In Delta State, Governor Sheriff Oborevwori has prioritized the provision of potable water, recognizing its vital role in public health, economic growth, and overall quality of life. Since taking office, […]
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Police Arrest 3, As Fishermen Recover Head Of Beheaded Farm Guard In Delta March 3, 2025
The police attached to Ovwian division, have arrested three persons in connection with the alleged killing and beheading of a farm guard in Udu Local Government Area of Delta State. It was learned that fishermen on fishing harvest, have recovered the head of a beheaded poultry farm guard from a community […]
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