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Withdrawals above these limits will attract excess withdrawal fees of three percent for individuals and five percent for corporates, which is shared in the ratio of forty percent for the CBN and sixty percent for the financial institution.
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Accordingly, those with cases to answer will be formally arraigned before appropriate military judicial panel to face trial in accordance with the Armed Forces Act and other applicable service regulations. This ensures accountability while upholding the principles of fairness and due process.
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Court papers indicate that the defendants allegedly had prior knowledge of a planned treasonable act involving one Colonel MOHAMMED ALHASSAN MA’AJI and others but failed to alert authorities.
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In a statement, RMAFC Chairman, Mohammed Bello Shehu, says no final decision has been reached, explaining that only a draft report has been received.
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President BOLA TINUBU also sent his condolences to the military over the death of the gallant soldiers and Brigadier General MUSA UBA, who was abducted and executed by Islamist terrorists in Borno State.
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The Monday sit-at-home was imposed by the Indigenous People of Biafra, and the violent enforcement by armed wing of the group has disrupted economic and social activities in the South-East.
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This comes as the Nigerian Army warns about the resurgence of suicide bombing by Jihadist groups in the northern part of the country and advised people to avoid crowded areas.
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Sunday Dare, the Special Adviser to the President, Media and Public Communication, announced the new appointments in a statement, saying the appointments are with immediate effect.
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The Judge dismissed the claims that AISHA ACHIMUGU received the $13m as gifts through the bank accounts of Oceangate Engineering Company, as she never showed up in court to show cause why the funds should not be forfeited to the federal government.
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Nigeria does not need another panel or rebranded tactical unit. The roadmap for genuine reform already exists. What is lacking is political will and institutional accountability.
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According to SERAP and NGE, “the right to freedom of expression includes not only factual reporting but also opinions, commentary, and analysis. Journalism without opinion is neither practical nor democratic.”
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The defendants are facing a thirteen-count charge bordering on treason, terrorism, and money laundering, alongside former Petroleum Minister, TIMIPRE SYLVA, who is currently at large.
Featured
Governor Alex Otti's promise of support to him was purely on compassionate ground, in line with the administration’s altruistic disposition which has seen the government extend similar support to several citizens.
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The Secretary to the State Government, ABUBAKAR USMAN, said the state government had earlier received credible intelligence indicating elevated security threats across Niger Nort Senatorial District.
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This follows discussions last week between a high-level Nigerian delegation led by the National Security Adviser, NUHU RIBADU, and US officials in Washington DC.
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The State Deputy Governor, SAM ODE, was also at the location, but the protesters refused to listen to him, insisting that they wanted to hear directly from Governor HYACINTH ALIA.
Technology
Fene Osakwe is the first African to receive the prestigious honour. Governor Sanwo-Olu said his achievement reflects the talent, resilience, and global impact of Nigerian professionals.
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With participants, mainly young people drawn across Ghana, Cape Verde, Togo, Senegal, among others, the conference explored topics such as Strengthening Democracy in West Africa Through Technology and Democracy in Digital Age.
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OLU AGUNLOYE is facing trial on a seven-count charge of corruption and fraudulent award of the contract for the Mambila Power Project during the OBASANJO Administration.
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Dr AMINU MAIDA equally used the opportunity to dispel insinuations about the newly introduced 2025 Guidelines on Corporate Governance for operators, saying it was in line with standard practice to ensure the rotation of management for transparency, accountability and sustainability.
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These newly confirmed members join the Executive Vice Chairman, Dr. Aminu Maida (North West), and two other Executive Commissioner whose appointments were previously confirmed by the Senate to serve on the NCC Board.
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The system is part of innovations designed to streamline operations of the NDLEA, remove bottlenecks in processing of travel documents and curb the scourge of substance abuse and illicit drug trafficking in Nigeria.
Business
TCN says upon completion of the upgrade, three additional feeders would be radiated from the upgraded transformers, which would enable the Eko Electricity Distribution Company to increase supply to its customers in the area.
Business
Governor Otti said that the 64-page law would support the power initiatives of the government and strengthen the plans of his administration to extend power to the rest of the 8 LGAs of the state, which are not covered by Geometric power limited covering 9 LGAs.
Breaking News
The Abuja-Kaduna passenger train involved in the accident on August 26, 2025, had six hundred and eighteen people onboard, with twenty-one injured, but no fatalities.
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This was part of the outcome of the Maiden Mid-Term Review Meeting convened by the Federal Ministry of Works to assess the implementation of resolutions reached at the 29th National Council on Works (NCW).
Business
The Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, said the partnership with UNIDO is for a period of four years, from 2024 to 2028.
Meta noted that most of the six-point-eight million blocked Whatsapp accounts were operated from Southeast Asia.
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This initiative, aimed at capturing detailed data on houses, businesses, and residents, is designed to boost revenue generation, ensure fairness in taxation, and improve access to social services across the state.
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INEC National Commissioner and Chairman, Information and Voter Education Committee, Sam Olumekun, said the initiative puts the Commission in the forefront of institutionalising AI capabilities within its ICT infrastructure.
