CBN increases weekly cash withdrawal to N500k, N5m

The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. This was contained in a circular on Wednesday signed by the Director of Banking Supervision Department, Haruna Mustafa. The development comes two weeks after the CBN…

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Gunmen abduct Taraba council chairman, kill orderly

The chairman of Takum Local Government Area of Taraba State, Boyi Manja, has been abducted by gunmen. The tragic incident occurred yesterday when he was on Monday along the Takum-Wukari Highway in the state. His police orderly was however, killed during the unfortunate incident. Spokesperson of the Taraba state police command, Abdullahi Usman, confirmed the…

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