Author: Ifetayo Adeniyi

Banks Raise ATM Cash Withdrawal Limit To N200,000 ATM Cash Withdrawal Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash customers can withdraw on a daily basis to N200,000, LEADERSHIP has learnt. In an emailed notice to customers yesterday, Zenith Bank said customers can now ‘perform cash withdrawals of up to N200,000 per day’ at its ATM terminals across the country. This, it said, is irrespective of the bank that issued the card. The bank, however, stated that the N500,000 weekly cashless policy withdrawal limit…

Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash customers can withdraw on a daily basis to N200,000, LEADERSHIP has learnt. In an emailed notice to customers yesterday, Zenith Bank said customers can now ‘perform cash withdrawals of up to N200,000 per day’ at its ATM terminals across the country. This, it said, is irrespective of the bank that issued the card. The bank, however, stated that the N500,000 weekly cashless policy withdrawal limit for individuals still stands. There are insinuations that other banks…

Wike’s rumoured influence in emergence of minority leaders baseless – Ned Nwoko Wike’s rumoured influence in emergence of minority leaders baseless – Ned Nwoko Senator representing Delta North Senatorial District, Ned Nwoko said former governor of Rivers State, Nyesom Wike’s rumoured influence in the emergence of minority leaders of the 10th National Assembly is baseless. Nwoko stated this while speaking with journalists in his office on Wednesday. The lawmaker described the rumour as baseless, stating that Wike cannot represent seven political parties that made up the minority. Nwoko, a member of the opposition Peoples Democratic Party, PDP, stressed that the…

President’s cabinet: Group urges Tinubu to appoint Technocrats, makes case for Akpakwu President Bola Tinubu Members of Health Care Administrators Association of Nigeria, Benue State chapter, has called on President Ahmed Bola Tinubu to appoint only professionals and technocrats into his cabinet to enable him meet the high expectations of Nigerians. The association made this call while briefing newsmen in Makurdi on Thursday. The association’s Secretary, Pastor James Ogbaji, who read their text on behalf of the Chairman, Albert Ankyo, said further called on the Secretary to Government of Federation, SGF, Sen. George Akume and Governor Hyacinth Alia to…

APC youth group begs Tinubu to reduce cost of living, unemployment, appoint young Nigerians An All Progressives Congress (APC) youth organisation, under the umbrella of Progressive League of Youth Voters for Tinubu and Shettima, has pleaded with President Bola Tinubu to urgently put measures in place to reduce the rising cost of living in the country. Although the group described the recent withdrawal of fuel subsidy as a bold step in the right direction, they also urged the President to tackle the high rate of unemployment and ensure appointment of young Nigerians into his cabinet. They listed unemployment, national security,…

I Wish Tambuwal Took My Position – New Minority Leader The new Senate Minority Leader, Simon Davou Mwadkwon, has said he wished the immediate past Governor of Sokoto State, Aminu Waziri Tambuwal emerged as the… The new Senate Minority Leader, Simon Davou Mwadkwon, has said he wished the immediate past Governor of Sokoto State, Aminu Waziri Tambuwal emerged as the minority leader instead of him. Mwadkwon stated this during a chat with ARISE TV on Thursday on issues regarding his emergence, adding that he respected the former House of Representatives Speaker. He said he regarded Tambuwal as his political godfather,…

Oil companies resume dollar sales to banks as CBN eyes supply The Central Bank of Nigeria (CBN) has permitted International Oil Companies (IOCs) to resume the sale of US dollars to banks in a move aimed at injecting liquidity into the Investors & Exporters (I&E) foreign exchange market. Developments in the foreign exchange market yesterday suggest that the restriction placed on the IOCs from selling dollars to dealing member banks had been lifted, according to a source familiar with the matter. “We expect this to inject additional liquidity into the Investors & Exporters window and help address the existing backlog…

Banks Raise ATM Cash Withdrawal Limit To N200,000 ATM Cash Withdrawal Months after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country are beginning to increase the maximum amount of cash customers can withdraw on a daily basis to N200,000, LEADERSHIP has learnt. In an emailed notice to customers yesterday, Zenith Bank said customers can now ‘perform cash withdrawals of up to N200,000 per day’ at its ATM terminals across the country. This, it said, is irrespective of the bank that issued the card. The bank, however, stated that the N500,000 weekly cashless policy withdrawal…

Twitter Vs Threads: Here’s The Difference Threads, a text-based app tied to Instagram was launched by Meta on Wednesday. The app garnered over 30 million people less than 24 hours after its launch. According to the head of Instagram, Adam Mosseri, Twitter’s “volatility” and “unpredictability” under Elon Musk provided the opening for competition. LEADERSHIP reports that Twitter’s owner, Elon Musk, removed legacy verified check marks of many notable people which were free and made it available through Twitter Blue, a paid subscription service. Other recent changes under Musk’s leadership included limiting how many tweets people can view, and how they…

Nigeria Is Safe For Foreign Investors, Says Akpabio President of the Senate, Godswill Akpabio, on Thursday, assured foreign investors of the safety of their investments in Nigeria, just as he restated the commitment of the Federal Government under President Bola Tinubu, to providing conducive business environment for foreign investors in the country. Senator Akpabio stated this in his office while receiving in courtesy the Jampur International Group FZE, led by the CEO, Mohanmed Shafiq. According to Akpabio, “I welcome you on behalf of the Senate of the Federal Republic of Nigeria. Nigeria is very safe and ready for investors.…