News
CBN Warns Banks Over Persistent ATM Cash Shortages, Vows Severe Penalties
The Central Bank of Nigeria (CBN) has cautioned banks against ongoing cash shortages at ATMs, vowing severe penalties for non-compliance.
Governor Olayemi Cardoso, speaking at the CIBN Bankers’ Dinner, emphasized the challenges faced by Nigerians due to limited cash availability and announced spot checks to enforce accountability.
Starting December 1, customers can report ATM or branch cash withdrawal issues to the CBN via designated phone lines and emails. Cardoso also urged stakeholders, including mobile money operators and POS agents, to comply with regulations and support digital transactions to improve service delivery.
On foreign exchange, the governor highlighted a missed N6.2 trillion revenue opportunity due to an inflexible FX regime and called for reforms to boost Nigeria’s economic resilience.
News
Concern Grows Over Rising Insecurity Following Kwara Abduction Case
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
News
Panic as Bandit Rumours Spark School Safety Concerns in Abuja
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
Allegedly
Lagos Residents Raise Alarm After Suspected Bandits Are Reported in Ibeju-Lekki
It has been rumored that bandits have made their way to Lagos, and allegedly they were spotted in Ibeju-Lekki, where some residents became suspicious of them and reported the matter.
A clip of the group of men went viral online, and many people became concerned. Whether true or not, fear has been sparked among Lagosians as they worry that bandits may already be in the state. Even if the reports remain unconfirmed, many believe it is still a possibility worth paying attention to.
-
Entertainment18 hours agoVeekee James Celebrates 31st Birthday With Heartfelt Motherhood Message
-
Entertainment19 hours agoTioruju Mondusi Opens Up on Most Painful Experience of His Life
-
News19 hours agoConcern Grows Over Rising Insecurity Following Kwara Abduction Case
-
Entertainment18 hours agoBovi Explains Why He Doesn’t See Every Divorce as a Failure
-
Sport19 hours agoLiverpool Confirm List of Players Set to Leave Club This Summer
-
Sport16 minutes agoManchester United Confirm List of Players Set to Leave This Summer
