BREAKING: CBN Bows to Pressure, Ups weekly Cash Withdrawal Limits To N500k

Withdraw above N500k, pay 3% processing fee, apex bank tells Nigerians   The Central Bank of Nigeria (CBN) has revised its cash withdrawal limit policy, stating that individuals and corporate organisations can now withdraw weekly N500,000 and N5 million respectively. Platforms Africa reports that the apex bank announced this in a letter dated December 21 and signed by the CBN Director of Banking Supervision, Haruna Mustafa. The letter, which was made available to PlatformsAfrica, was addressed to all deposit money banks and other financial institutions. “The maximum weekly limit for…

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JUST IN: Sanwo-Olu Inaugurates Lagos Blue Line Rail + PHOTOS

The blue line is one of seven Lagos metro rail lines, spanning from Marina to Okokomaiko   The governor of Lagos State, Babajide Sanwo-Olu, on Wednesday, inaugurated the Blue Line Rail in the state. According to his aide, Jubril Gawat, the first phase of the infrastructure works for the rail project (Marina to Mile 2) has been completed and is being inaugurated on Wednesday (today). The blue line is one of seven Lagos metro rail lines, spanning from Marina to Okokomaiko.   Credit: Twitter |Mr_JAGs

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I’ll Quit As Twitter CEO Once I Find Someone Foolish Enough To Replace Me – Elon Musk

Elon Musk has said he will resign as Twitter’s chief executive officer when he finds someone “foolish enough to take the job”. The billionaire promised earlier to abide by the result of a Twitter poll which saw 57.5% of users vote “yes” to him quitting the role. He says he will still run the software and servers teams after his replacement is found. Changes on the platform since his takeover have been much criticised. Since Mr Musk bought the social media site in October, he has fired about half of…

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Twitter Users Want Elon Musk Out As CEO

Twitter’s owner, Elon Musk, has lost an online poll asking users if he should step down as the head of Twitter. Mr Musk had said he would “abide by the results” of a poll he posted on the site late on Sunday. “Should I step down as head of Twitter?” he wrote. The poll attracted 17.5 million voters in 12 hours. More than 10 million people (57.5 per cent) voted in favour of Mr Musk stepping down as the chief executive of Twitter. About 7.5 million people (42.5 per cent)…

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DJ Cuppy Shows Off Engagement Ring, Meets Fiancé’s Family

Nigerian disc jockey, Florence Otedola popularly known as DJ Cuppy, on Tuesday flaunted her diamond engagement ring on social media and shared pictures from her meeting with her fiancé’s family. In the photos posted on Instagram, Cuppy is seen with her husband-to-be, UK boxer Ryan Taylor, his father and mother. Captioning the post, Cuppy said she had now become a part of the family. She wrote, “Hi, my name is Cuppy and I’m part of your family now #CuppyDat.” Cuppy got engaged to her lover in November and she also…

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