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BREAKING: CBN limits cash withdrawals to N100,000 weekly

BREAKING: CBN limits cash withdrawals to N100,000 weekly

…to limit POS withdrawals to N20,000 daily The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which takes effect from January 9, 2023. According to a new memo to banks issued on Tuesday and signed by the Director of Banking Supervision, Haruna .B. Mustafa, individuals will only be able to withdraw N100,000 per week ( from over the counter, Point of Sale Machines or the Automated Teller Machines), while organisations can access N500,000 per week. Banks have also been directed to load only N200 and lower denominations into their ATM. The memo read, “Further…
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Abia North: Orji Kalu completes Lekwesi road, Atani, Eluama, 15 others ongoing 

Abia North: Orji Kalu completes Lekwesi road, Atani, Eluama, 15 others ongoing 

By Kenneth Udeh As the Senator representing Abia North Senatorial District, Senator Orji Uzor Kalu intensifies his rural development drive within rural areas in his zone, the 600 meters Lekwesi Umuchieze Amaoji road located in Umunneochi local government area has just been completed. The road, already completed and delivered with drainage and Asphalt has been described by the community dwellers as the best dividend of democracy they've ever received in its entire history. An elated resident who pleaded anonymity who undertook a personal inspection of the newly completed infrastructural facility said that the community were indeed extremely joyful over the…
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Former Katsina State Speaker, Muduru Says, APC will win 2023 election from Top to bottom

Former Katsina State Speaker, Muduru Says, APC will win 2023 election from Top to bottom

Former Speaker of Katsina State House of Assembly, Rt. Hon Aliyu Sabiyu Muduru has said, he has no iota of doubt that the All Progressives Congress (APC) will win 2023 election from top to bottom The former speaker made the statement during the Aluta News anniversary lecture and award dinner on Friday in Abuja While expressing his appreciation to Aluta News for recognizing his contribution as patriotic citizens of Nigeria also commended them for being active in producing genuine reports for the country. “Within the past 3 years, Aluta News has been broadcasting accurate and undiluted information and this suggests…
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2022 Ohafia Day In Abuja: Red Carpet Holds By 1:30pm— Planning Committee

2022 Ohafia Day In Abuja: Red Carpet Holds By 1:30pm— Planning Committee

The planning committee of the 2022 Ohafia Day Celebration in Abuja says today's event's red carpet will hold by 1:30 pm at Sandralia Hotel, Jabi. Chief Kalu Idika Okwara, Chairman of the planning committee in a text to journalists announced that the programme of events to mark the 2022 Ohafia day celebration as rolled out by the central planning committee include presentation of maiden compendium of sights, sounds, issues and people of Ohafia; Unveiling of designed Okpuagu House; Ohafia Centre for Igbo Studies and fund raising for its actualization. A Senior Advocate of Nigeria, Chief Awa Kalu is expected to…
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2023: What I Will Do If Elected To Represent Arochukwu/Ohafia Fed Constituency — Ibe Okwara Osonwa

2023: What I Will Do If Elected To Represent Arochukwu/Ohafia Fed Constituency — Ibe Okwara Osonwa

Labour Party (LP) House of Representatives candidate for Arochukwu/Ohafia Federal Constituency, Chief Ibe Okwara Osonwa has unveiled his policy thrust if elected to represent the constituency in 2023. Osonwa in a statement signed by him on Saturday morning titled "My Adopted Representation Policy" and made available to newsmen, gave a vivid picture of what his representation would do in all critical areas, including his top priorities, if elected. He said: "I take the responsibility of being your Servant Leader seriously and believe that an inclusive leadership via constant consultation is the most adequate way to make sure that everyone is…
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Abia North: Orji Kalu’s Achievements Not Surprising, Performance In His DNA— Prof. Kalu

Abia North: Orji Kalu’s Achievements Not Surprising, Performance In His DNA— Prof. Kalu

Prof. Uduma Kalu, a renowned academician on Friday commended the Chief Whip of the Senate, Senator Orji Uzor Kalu on the number of projects he has attracted and executed in Abia North Senatorial District since he was elected in 2019. The University Don stated this in a chat with newsmen, saying that he is not surprised by the performance of the former Abia State Governor. He said: "Abia North Senatorial District has made progress in the last three and half years and the remarkable results are there for all to see. "It is not surprising that all over the country,…
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Abia sparkles as Igbere Cultural fiesta returns Jan 2 after three year recess

Abia sparkles as Igbere Cultural fiesta returns Jan 2 after three year recess

After a three -year recess occasioned largely by the effect of the coronavirus pandemic, all is set for the return of the iconic "Igbere Cultural Festival" set to be staged January 2, 2023 at the usual ancient suburban town of Igbere in Bende Local Government Abia-North Area of Abia State. The reignited cultural revelry which showcases a retinue of fun packed cultural activities is organised by the Orji Uzor Kalu Foundation (OUKF) with the former governor of Abia State and current Chief Whip of the 9th Senate Orji Uzor Kalu as it's major financier. The 2023 cultural carnival themed "…
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$500m PowerChina/SWIBER Deal Will Compliment Orji Uzor Kalu’s Food Security Bill, Creates Jobs – US Lecturer, Prof. Okoro

$500m PowerChina/SWIBER Deal Will Compliment Orji Uzor Kalu’s Food Security Bill, Creates Jobs – US Lecturer, Prof. Okoro

A lecturer in one of the prestigious university in the United States, Prof. Ernest Okoro says the PowerChina and SWIBER deal, which was facilitated by the chieftain of the APC in Abia state, who also is the Chief Whip of the Senate, Dr Orji Uzor Kalu, will compliment the food security Bill, sponsored by the Senator, in the Senate. In his words “I can see for myself, on my return from the USA, why Orji Kalu, should be re-elected.” Prof Okoro, also noted that the news of the PowerChina/SWIBER deal, is a good news to Abia North and the Southeast…
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OGFZA MD’s Opening Remarks at the 7th AGM of AEZO (Full Speech)

OGFZA MD’s Opening Remarks at the 7th AGM of AEZO (Full Speech)

OPENING REMARK BY SEN. TIJJANY Y. KAURA, MFR, MANAGING DIRECTOR/CEO OF OIL AND GAS FREE ZONES AUTHORITY, NIGERIA (OGFZA) AT THE 7TH ANNUAL GENERAL MEETING OF THE AFRICA ECONOMIC ZONES ORGANIZATION HELD AT THE INTERNATIONAL CONFERENCE CENTRE, ABUJA, NIGERIA ON 1st DECEMBER 2022. Protocols Permit me to stand on the established protocol. Good morning ladies and gentlemen. It is with deep and sincere pleasure that I welcome you to Nigeria, and to our Federal Capital Territory, Abuja for the 7th Annual General Meeting of the Africa Special Economic Zones Organisation. This historic AGM coincides with the 30th anniversary of the…
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OGFZA MD’s Opening Remarks at the 30th Anniversary of Free Zones Scheme in Nigeria (Full Speech)

OGFZA MD’s Opening Remarks at the 30th Anniversary of Free Zones Scheme in Nigeria (Full Speech)

Opening Remarks by Sen. Tijjani Y. Kaura, MFR, Managing Director/CEO OGFZA, at the 30thanniversary of the Free Zones Scheme in Nigeria, on 30th November, 2022. Protocols His Excellency, the President, Commander-in-Chief of the Federal Republic of Nigeria, Muhammadu Buhari, GCFR; His Excellency, Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo, GCON; Honourable Minister of the Federal Ministry of Industry, Trade and Investment, Otunba Adebayo Adeniyi Honourable Minister for Niger Delta Affairs, my predecessor in office here present Honourable Ministers from fellow African countries Members of the National Assembly here present Members of the Diplomatic Corps Heads of…
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