Eko Hot Blog reports that Commercial banks in the country are gradually raising the daily withdrawal limit on automated teller machines (ATMs) to N200,000, several months after implementing restrictions on cash withdrawals. In an email notice to customers sighted by Eko Hot Blog, Zenith Bank said customers can now ‘perform cash withdrawals of up to … Read more
National Security Adviser has expressed worry about how the lack of money may affect soldiers stationed in remote locations. According to the House of reps, officers are currently facing hardship due to the policy. The NSA also stated that special provisions should be made for the military, due to the nature of their work. EKO … Read more
Vice President Osinbajo met with a delegation of the EU election observation mission on Monday. He spoke about the significance of an effective cashless policy. The country’s number two citizen also sought more scrutiny from the national judicial council on electoral offences. Eko Hot Blog reports that Vice President Yemi Osinbajo has backed the enactment … Read more