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BREAKING: CBN Drops ATM Withdrawal Fee To N35, Reviews Bank Charges

The Central Bank of Nigeria on Sunday reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35. The N35 ATM fee according to the CBN should be imposed on customers after 3rd withdrawal within one-month Channels TV reports. Bank customers will henceforth pay N10 for each electronic... Continue Reading →

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Banky W Reacts To Allocation Of N37b For National Assembly Complex Renovation

Nigerian music star turned politician Bankole Wellington aka Banky W, who has shared his piece of mind as it concerns the allocation of N37 billion for the renovation of the National Assembly Complex. The singer who also doubles as a talent manager, expressed his complete reservation at the development, in a post shared on microblogging... Continue Reading →

National Assembly N37bn Renovation: Members Adamant, Approve N22bn for FERMA’s Road Repairs, Others

The National Assembly approved N22.89bn  for the Federal Roads Maintenance Agency’s capital expenditure in the 2020 budget. Punch NG reports that in the  2019 estimates, N24.69bn was budgeted for the agency, which was set up in 2002 with the aim of maintaining the Federal  Government’s roads. FERMA’s budgetary allocations came to the fore on  Thursday... Continue Reading →

BREAKING: Reps Reject Six-Year Single Term For President, Govs

Members of the House of Representatives have rejected an amendment to the Constitution seeking to make the president and governors serve only a term of six years. Most of those who spoke during the debate on the bill expressed their opposition to it. The sponsor, Mr. John Dyegh (APC-Gboko/Tarka Federal constituency of Benue State), however,... Continue Reading →

Senate Suspends Public Hearing On Social Media Bill Till Next Year

The Senate Committee on Judiciary, Human Rights and Legal Matters have suspended further legislative actions on the controversial anti-social media bill sponsored by Senator Musa Sani till January next year KanyiDaily reports. Investigations by our correspondent revealed that the decision was not unconnected with the mixed feelings expressed by members of the 14-member Senate panel... Continue Reading →

Senate Calls For FG To Declare the State Of Emergency Over Unemployment In Nigeria

The Senate on Wednesday called on Federal Government to initiate a sustainable unemployment fund for the payment of stipends to unemployed Nigerians until such persons secure employment Pulse NG reports. The resolutions were a sequel to a motion entitled: “Escalating rate of unemployment in the country” sponsored by Sen. Ike Ekweremadu (Enugu West) during the plenary.... Continue Reading →

Unemployed Nigerians Should Be Paid Stipends Until They Get Jobs – Senate Begins Talk

The Nigerian Senate has urged Federal and state governments to declare a state of emergency on the rising cases of unemployment in the country. The Senate also asked the federal government to initiate a sustainable unemployment fund to pay stipends to Nigerians who could not secure employment. This was part of the senate resolutions after... Continue Reading →

Senate Investigate N20 Trillion That Has Not Been Remitted Into Federation Account By CBN

The Senate has begun probe into the non-remittance of over N20 trillion into the Federation Account by Central Bank of Nigeria, CBN, an amount collected as stamp duties from Banks and Financial Institutions in the country. Consequently, the Upper Chamber yesterday mandated Senator Solomon Olamilekan Adeola led Senate Committee on Finance to carry out a... Continue Reading →

“Orji Kalu Will Receive Full Salaries, Allowances In Prison” – Senate Spokesperson, Godiya

The convicted Chief Whip of the Senate, Orji Kalu, will continue to receive his salaries and all other entitlements while in prison, the Senate has said. This is despite the fact that he will not be performing any legislative function from prison. The spokesperson of the Senate, Godiya Akwashiki, disclosed this on Sunday Premium Times... Continue Reading →

We Will Not Declare Orji Uzor Kalu’s Seat Vacant Until He Exhausts All Legal Options — Senate

The Nigerian Senate says it will not be declaring vacant the seat of one of its members, Orji Uzor Kalu, despite his conviction by the Federal High Court Lagos Linda Ikeji's Blog reports. The Federal High Court in a landmark judgment delivered on Thursday, December 5th, sentenced Orji Uzor Kalu to 12 years imprisonment for... Continue Reading →

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