Deposit Money Banks in the Federal Capital Territory (FCT) have raised their maximum over-the-counter withdrawal limit to N50,000 per day, up from the previous N5,000. This development follows improved cash availability, NEW DAILY PRIME has learnt. It was observed on Tuesday that banks such as Guaranty Trust Bank (GTBank) and Zenith Bank have implemented the new limits. At the GTBank branch along the airport road, customers can now withdraw N50,000 over the counter, while the Automated Teller Machines (ATMs) maintain a limit of N20,000. A bank official confirmed the changes, attributing the increase to the availability of more cash. “We…
Author: Alade Adisa
The Minister of Federal Capital Territory, Nyesom Wike has said President Bola Tinubu is on a mission to transform satellite towns in the Federal Capital Territory (FCT) to cities by taking governance to the grassroots. Wike said this during the inauguration of the construction of Kabusa to Takushara road in Abuja on Tuesday. He assured that Tinubu will not fail the people of the rural areas in the FCT. The Minister said the Tinubu administration was committed to bringing development and governance to rural communities across the FCT. “One of the promises Tinubu made is that look, all people in…
Netumbo Nandi-Ndaitwah has been elected as Namibia’s first female president following a disputed election. 72-year-old Nandi-Ndaitwah is the cNamibia’s incumbent Vice-President and would become the first woman to rule the southern African country governed by the South West Africa People’s Organization (SWAPO) since independence in 1990. The Electoral Commission of Namibia (ECN) announced that she won with over 57 percent of ballots cast. Panduleni Itula, candidate for the main opposition Independent Patriots for Change (IPC), polled second with 25.5 percent of the votes. The presidential election was extended twice because of logistical and technical challenges which led to a shortage…
Catholic Bishop of Sokoto Diocese, Matthew Kukah, has said that the tax reform bills proposed by President Bola Tinubu will end “financial recklessness” among the elites. The cleric spoke on Tuesday when he featured on Morning Brief, a Channels Television’s programme. He expressed support for the bills, adding that he is educating himself on the provisions of proposed legislations. The clergyman said, “I am excited about the issue of tax reform bills because, first, I know nothing about it, but I have started educating myself. “It is important to get this thoroughly dysfunctional country working again through any form of…
Federal Capital Territory (FCT) Minister, Ezenwo Nyesom Wike, has reiterated his commitment to tackling criminal activities in Abuja, emphasizing that improved security will lower the cost of living by enabling farmers to return to their fields. Speaking on Tuesday during the flag-off of the 9.8-kilometer Kabusa-Takushara road project, Wike assured residents that the road, featuring a two-lane, seven-meter carriageway with solar-powered streetlights, will be completed within six months. He also addressed school administrators, cautioning against subjecting students to harsh conditions during official visits. “FCT school children must never be lined up under the sun to receive me,” Wike stated, highlighting…
Governor Francis Nwifuru of Ebonyi State has suspended the Commissioner for Local Government and Chieftaincy Matters, Uchenna Igwe over allegations of gross misconduct and dereliction of duties. The announcement came during a media briefing on Tuesday, where Nwifuru cited Igwe’s failure to oversee the timely payment of local government pensions by council chairmen. This latest suspension marks the fourth within a week. On November 25, 2024, Nwifuru indefinitely suspended Chinedu Nkah, Commissioner for Water Resources, alongside Housing Commissioner Francis Ori and Health Commissioner Dr. Moses Ekuma, who were both suspended for three months. In addition, senior officials in the Ministry…
South Korean president has said he will lift martial law, hours after the country’s parliament voted to block the measure.In a national address, Yoon Suk Yeol said: “I have accepted decision made by the National Assembly to dissolve and lift the martial law.”He had earlier announced he would impose martial law in a shock move that angered the rest of parliament – including members of his own ruling party – sparked major protests and prompted widespread international concern.Members of parliament then headed to the parliament building to vote against the measure, urging the president to then formally revoke it.He now…
The police command in Ekiti State has confirmed the arrest of Dele Farotimi, a human rights advocate. According to TheCable, Sunday Abutu, the police spokesperson in Ekiti, said operatives arrested Farotimi over a petition about alleged defamation and cyberbullying. Abutu said the command obtained a warrant of arrest against Farotimi regarding the case, adding that the activist is currently being transported from Lagos to Ekiti State. But the police spokesperson declined to name the complainant, who wrote the petition against Farotimi. “He was arrested some hours ago based on a petition that was written to the commissioner of police (in…
Gunmen have killed three soldiers, who were guarding an oil pipeline in Benin, a military source said Tuesday, in the latest attack in the West African country where jihadist violence is rising.”Four soldiers were also wounded and are receiving emergency care” after the incident Monday in the northeastern city of Malanville, the source told AFP, speaking on condition of anonymity as he was not authorised to discuss it.The troops were part of Operation Mirador, launched in 2022 to secure Benin’s borders amid a surge of jihadist violence in West Africa, the officer said.Malanville sits on Benin’s border with Niger, which…
Debates over the much contentious tax reform bills threw the House of Representatives into a rowdy session on Tuesday after Akin Rotimi, spokesperson of the green chamber referenced the bills. The spokesperson had risen to move a motion for the consideration of two reports on behalf of Boma Goodhead, a lawmaker from Rivers State, who was absent at plenary. The report was on a bill for an act to repeal the Nigerian Oil and Gas Industry Content Act 2010, and enact the Nigerian Oil and Gas Industry Content Act. “My name is Akin Rotimi Jr. I represent the people of…