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BREAKING: The Economic and Financial Crimes Commission (EFCC) has detained a former Attorney-General of the Federation a...
13/12/2025

BREAKING: The Economic and Financial Crimes Commission (EFCC) has detained a former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN) for alleged terrorism financing.
Read in the comments section 👇

12/12/2025

Salah & Sloth..

Breach of Protocol and the Arrogance of Power? The First Lady–Governor Adeleke Encounter and the Shadow of Elena Ceaușes...
11/12/2025

Breach of Protocol and the Arrogance of Power? The First Lady–Governor Adeleke Encounter and the Shadow of Elena Ceaușescu.

An antelope was running like a mad man, An elephant asked him: “Antelope, why are you running like that?" She replied, "...
09/12/2025

An antelope was running like a mad man, An elephant asked him: “Antelope, why are you running like that?" She replied, "the police are arresting all the goats in the village.” The elephant retorted “But you are not a goat!" The Antelope replied. "With our current judicial system it will take me 20 years to prove that I am not a goat.” the elephant started running too.

How we arrived at urgent 2k..
05/12/2025

How we arrived at urgent 2k..

NEW CASH WITHDRAWAL RULES: HERE’S WHAT YOU NEED TO KNOW BEFORE JANUARY 2026The Central Bank of Nigeria just rolled out f...
04/12/2025

NEW CASH WITHDRAWAL RULES: HERE’S WHAT YOU NEED TO KNOW BEFORE JANUARY 2026

The Central Bank of Nigeria just rolled out fresh cash-withdrawal guidelines, and honestly, if you rely on cash for daily business operations, you need to pay attention.

From January 1, 2026, individuals can only withdraw ₦500,000 per week, and businesses get up to ₦5,000,000 weekly — across every channel (ATM, POS, bank counter, etc.).

No more “one-off special approvals” for bigger withdrawals. That window is gone.

ATMs also got a new structure:

Daily limit: ₦100,000

Weekly total can’t exceed ₦500,000

If you push beyond the weekly limit, you’ll pay a penalty of:

3% (individuals)

5% (corporates)

And here’s the twist:

The old restrictions on cash deposits have been removed. You can now deposit any amount without worrying about “excess deposit fees.”

WHAT THIS MEANS FOR YOU

This isn’t basically “don’t hold cash.”
It’s CBN nudging the system into a more structured, traceable, and less risky cash environment.

If you run a business that moves a lot of physical cash:

Track your weekly totals across all banks and devices.

If you need over ₦500k often, plan ahead so you don’t pay penalties.

Review your payment systems — digital channels will matter more now.

For everyday personal use, this means you can still withdraw cash comfortably, but large withdrawals will need planning.

WHY CBN IS DOING THIS

The reasons look pretty logical:

Reduce the massive cost of managing cash in the banking system.

Strengthen security and curb illicit cash flows.

Merge scattered policies into one clear, updated framework.

Push more structure into the financial ecosystem without forcing anyone into hardship.

This is not a punishment — it’s a signal: Nigeria’s moving towards systems that are cleaner, safer, and more transparent.

If you understand how to navigate these new rules early, you stay ahead.

© Ayobami Sulaiman
Business Growth & Sales Strategist
Scalpath Consulting


Northern Govs, Traditional Rulers Back State Police, Demand Mining Halt in Landmark Security MoveBy Kehinde AdegokeKadun...
02/12/2025

Northern Govs, Traditional Rulers Back State Police, Demand Mining Halt in Landmark Security Move

By Kehinde Adegoke

Kaduna: In a dramatic move that could reshape Nigeria's security architecture, Northern governors and traditional rulers have thrown their full weight behind the establishment of state police, declaring it a necessary step to confront the escalating wave of insecurity across the region.
At a high-level meeting in Kaduna's Sir Kashim Ibrahim House, the Northern States Governors' Forum (NSGF) and the Northern Traditional Rulers' Council jointly urged President Bola Tinubu to order a six-month suspension of mining activities, warning that illegal and unregulated operations are fueling violence, banditry, and instability.
Officials described the deliberations as "exhaustive and crucial," underscoring the gravity of the decisions reached.
In a communiqué issued after the meeting, Forum Chairman Governor Inuwa Yahaya said the leaders reaffirmed their commitment to unity, stability, and collective development, stressing that regional cooperation is vital to defeating emerging threats.
The forum expressed deep condolences to states recently hit by killings and abductions, including Kebbi, Kwara, Kogi, Niger, Sokoto, Jigawa, and Kano, as well as victims of Boko Haram attacks in Borno and Yobe.
They commended President Tinubu for the swift rescue of abducted schoolchildren and praised the sacrifices of security personnel engaged in counter-insurgency operations nationwide.
Among its most consequential resolutions, the forum:
Backed State Police: Urged lawmakers to fast-track legislation enabling its creation, calling it a "critical reform" for Nigeria's survival.
Targeted Mining: Recommended a six-month suspension of mining to allow for a comprehensive audit and revalidation of licences in consultation with state governments.
Created Security Fund: Approved a Regional Security Trust Fund, with each state and local government contributing ₦1 billion monthly, deducted at source, to strengthen operations across the North.
The leaders pledged renewed support for intensified military campaigns against insurgents and criminal networks, framing their decisions as a turning point in Nigeria's fight against insecurity.
The forum will reconvene at a later date to review progress and chart the next steps.

The Presidency is calling on Nigerians to become watchdogs. Special Adviser Daniel Bwala urges the public to photograph/...
01/12/2025

The Presidency is calling on Nigerians to become watchdogs. Special Adviser Daniel Bwala urges the public to photograph/video and report any VIP still using police escorts, flouting President Tinubu's withdrawal order.

Omokri from diaspora..
30/11/2025

Omokri from diaspora..

You can imagine! 76 police officers were assigned to just one individual. Meanwhile, Nigeria has less than 400,000 polic...
29/11/2025

You can imagine! 76 police officers were assigned to just one individual. Meanwhile, Nigeria has less than 400,000 police officers, and one person took 76.

When you add up the thousands assigned to celebrities and politicians, you begin to see why the crime rate keeps increasing..there simply aren’t enough officers for the people who actually need protection.

A country of 239 million people needs at least 1.2 to 1.5 million police officers to maintain basic public safety and cover the population adequately.

Nigeria is not a real country.

BREAKING: President Tinubu Declares National Security Emergency, Orders Massive Police/Army Recruitment and Total Overha...
28/11/2025

BREAKING: President Tinubu Declares National Security Emergency, Orders Massive Police/Army Recruitment and Total Overhaul

Key Measures Announced:

- Authorises urgent additional recruitment into the Armed Forces and Police.

- Nigerian Police Force to recruit an extra 20,000 officers (total planned increase to 50,000).

- NYSC camps to be used as additional police training depots.

- Officers currently on VIP protection duties to be redeployed after crash retraining to troubled areas.

- DSS directed to immediately deploy all trained forest guards and recruit more to clear terrorists and bandits from forests nationwide.

- Commends recent rescues (24 schoolgirls in Kebbi, 38 worshippers in Kwara) and vows continued efforts to free remaining hostages.

- Pledges full federal support to state-level security outfits.

- Calls on National Assembly to amend laws to allow willing states to establish state police.

- Urges states to reconsider boarding schools in remote/insecure areas and religious centres to seek constant security protection.

- Reiterates commitment to end farmer-herder clashes through the new Ministry of Livestock; calls on herders to embrace ranching, end open grazing, and surrender illegal arms.

- Pays tribute to fallen soldiers (including Brigadier-General Musa Uba) and sympathises with victims’ families in recent attacks across several states.

- Warns criminals that restraint will not be mistaken for weakness and vows decisive action.

The President called for national unity, vigilance, and cooperation with security agencies, emphasising that “we are in this fight together, and together we shall win.”

From a Minister of Defense o!
28/11/2025

From a Minister of Defense o!

Address

Ososami

200253

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