JUST IN: CBN Increases ATM Withdrawal Charges, New Fees Take Effect March 1
The Central Bank of Nigeria (CBN) has announced a revision of ATM transaction fees, effective March 1, 2025, to address rising operational costs and improve banking efficiency. Under the new policy:• Withdrawals from a customer’s own bank’s ATMs remain free.• Withdrawals at bank branch ATMs will now incur a N100 fee per N20,000.• Withdrawals from […]
Supreme Court Dismisses Governor Fubara’s Appeal, Upholds Amaewhule’s Leadership of Rivers Assembly
The Supreme Court has dismissed an appeal by Rivers State Governor Siminalayi Fubara challenging the leadership of the state’s House of Assembly under Speaker Martin Amaewhule. A five-member panel led by Justice Uwani Abba-Aji ruled against Fubara and imposed a ₦2 million fine, payable to the Assembly and Amaewhule. The case was withdrawn by Fubara’s […]
Ned Nwoko’s Defection to APC Shakes Delta PDP, Sparks Political Tensions
Senator Ned Nwoko’s defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) has created political turmoil in Delta State, unsettling Governor Sheriff Oborevwori, former Governor Ifeanyi Okowa, and the PDP leadership. Nwoko, who was elected under the PDP in 2023, cited the party’s opposition to the creation of Anioma State and […]