Banks reduce withdrawal limits on ATMs

All ATMs that were enabled for domestic and foreign transactions have been restructured to limit Naira cash withdrawal at ATMs from N150,000 per day to N60,000 per day while foreign currency is $300 per day. The new arrangement has separated traditional ATM from MasterCard credit card where the former has now been deactivated and can […]

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Ooni Of Ife’s Death Confirmed

A member of the Ife traditional council in Osun State has officially confirmed the death of the Ooni of Ife, Okunade Sijuwade Olubuse II. Laye Adereti, who is the Wara of Iwara-Ife, told reporters today that the official announcement of the Ooni’s death would be made on Wednesday, August 12, 2015. The Ooni was rushed to […]

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Nigeria is not a rich country – Buhari

Nigeria is widely seen as a rich country. The President of Nigeria thinks otherwise. He said on Monday, Nigeria “is not a rich country.” He said the reality was that that impression was wrong. In a statement by President Buhari’s Special Adviser on Media and Publicity, Mr. Femi Adesina, quoted the President as speaking while granting […]

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WAEC releases 2015 May/June SSCE results, 118,101 results withheld

The West African Examinations Council has released the May/June 2015 Senior School Certificate Examination results, withholding 118,101 candidates’ results out of the 1.5 million students that sat the examination. WAEC Head of National Office, Mr. Charles Eguridu, announced this in Lagos at a press conference on Monday. Eguridu added that the states owing WAEC had […]

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