News
“Fix Cash Scarcity Now to Ease Nigerians’ Suffering” – NLC Urges Federal Government

The Nigeria Labour Congress (NLC) has called on the Federal Government to urgently address the ongoing cash scarcity affecting citizens across the country.
This appeal came from NLC President Joe Ajaero, who, alongside NLC General Secretary Emmanuel Ugboaja, signed a communiqué issued after the National Executive Council (NEC) meeting held in Owerri on Thursday.
During the NEC session, Ajaero expressed concern over the continuous lack of cash
He described it as an unjust hardship that further burdens Nigerians who are already enduring economic difficulties.
Also, he mentioned the exploitative nature of the situation, pointing out that Nigerians are being forced to lose up to five per cent of their money every time they withdraw cash due to exorbitant fees imposed by financial institutions.
This practice, he noted, is unfair and exacerbates the financial struggles faced by millions, particularly those in the informal economy.
Ajaero stressed that small businesses and informal workers, the backbone of Nigeria’s economy, are particularly vulnerable.
Many of these businesses rely on daily cash transactions, and the persistent scarcity threatens their survival and growth.
“The impact of this on small businesses and other informal economy operatives is huge,” he explained.
The NLC is demanding immediate intervention from the government to resolve this issue and uphold the financial rights of citizens.
Ajaero specifically called on the Central Bank of Nigeria (CBN) to take decisive steps to ensure the availability of cash.
According to him, this is crucial not only for easing everyday transactions but also for stimulating economic activities across the country.
“We expect the Central Bank Governor to take steps to ensure that cash is made available to the citizenry to enable small business transactions and stimulate economic growth,” he stated.
News
Pastor Adeboye to Lead National Prayers for Nigeria’s Failing Economy

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, will be leading a national prayer session focused on reviving Nigeria’s struggling economy. The prayer is scheduled to take place during the church’s July 2025 Thanksgiving Service, themed “Divine Intervention”, at the RCCG national headquarters in Oyingbo, Lagos.
Speaking ahead of the event through his Special Assistant on Administration, Pastor Dele Balogun, Pastor Adeboye acknowledged that both Nigeria and other countries are facing tough times. But he believes the current hardship is not beyond repair if people embrace faith and take positive action.
“Our nation is going through serious challenges, just like other parts of the world. But the truth is, we can overcome them with faith, as long as we don’t give room to fear or doubt,” Adeboye said. He encouraged Nigerians to reject negative confessions and instead focus on faith-driven solutions, adding that with God’s intervention, the country’s economic situation can still turn around.
The upcoming prayer session, according to him, is not just about asking for change but about opening doors to new opportunities and paving the way for national transformation.
News
Israel Bombs Southern Lebanon Again with Heavy Airstrikes

Southern Lebanon witnessed one of its most serious attacks in months on Friday, June 27, after Israeli fighter jets bombarded areas around Nabatieh, a city located deep in Lebanon’s south. Eyewitnesses reported hearing several loud explosions as Israeli aircraft targeted hilltops and underground sites in two separate waves of strikes.
The Israeli military later confirmed the operation, saying they aimed at Hezbollah positions they claimed were being rebuilt in violation of last year’s ceasefire deal. According to Lebanese officials, the assault left one woman dead and over a dozen others injured after a residential building in Nabatieh was hit.
Local sources say the woman, reportedly a German national, had been staying in the apartment complex when it collapsed following the blast. Paramedics rushed several other residents, including those in nearby areas, to hospitals with varying injuries. The situation sparked panic across the city, with families evacuating damaged homes and roads filled with rescue teams.
Reason for the bombing
The Israeli army stated that the operation was aimed at dismantling what they described as a “reconstructed underground defense system” controlled by Hezbollah militants. According to them, Hezbollah has been rebuilding tunnels, weapons depots, and launch sites in the region, despite the ceasefire agreement brokered in November 2024, which banned such military infrastructure close to the border.
Israeli officials also claimed that the explosion in the civilian building wasn’t directly caused by their missiles but was triggered by hidden Hezbollah weapons stored in the area, causing a secondary blast.
In response, Lebanon’s government strongly condemned the strikes, calling them a direct attack on Lebanese sovereignty. President Joseph Aoun described Israel’s actions as a dangerous violation of the truce, adding that the attack could drag both sides back into open conflict. Prime Minister Nawaf Salam also criticized the airstrikes, warning that Lebanon cannot tolerate repeated breaches of the ceasefire while civilians continue to suffer the consequences.
Business
GTCO Announces Nationwide Early Closure on June 30 for Half-Year Audit

Customers of Guaranty Trust Holding Company (GTCO) across Nigeria should brace for early branch closures on Monday, June 30, 2025, as the banking group kicks off its routine half-year audit.
In an official announcement shared on their verified X (formerly Twitter) page, GTCO informed customers that all their branches nationwide will stop attending to walk-in customers earlier than usual to allow for internal review processes.
The bank assured the public that this temporary adjustment is strictly for operational reasons tied to their mandatory half-year audit, a common practice among financial institutions to check financial records, processes, and compliance levels.
While in-person services will pause earlier that day, GTCO encouraged customers to make use of their digital banking platforms. Options such as internet banking, mobile apps, ATMs, and USSD codes, which will remain available 24/7 for essential banking transactions.
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