Join our Telegram group and receive breaking and trending news updates directly on your phone.
Join for News Updates ✕
CBN
Photo credit: Vanguard news.
Abuja.
The Central Bank of Nigeria (CBN), on Wednesday, backpedalled on its earlier weekly cash withdrawal limit for individuals from N100,000 to N500,000 across all channels due to mounting pressure and public outcry.
A new circular signed by Director of Banking Supervision, Haruna Mustafa, has now given corporate entities the leverage to withdraw as much as N5 million weekly
The policy still takes effect on January 9, 2023. Currently, individuals and corporate entities can withdraw N500,000 and N5 million daily without penalties.
The new directive may have put to rest or reduced the controversy generated by the policy, marked for suspension by the House of Representatives.
The latest circular came on the heels of heightened protests, especially in Abuja, by interest groups, calling on stakeholders to stop politicising CBN’s monetary policy interventions
(C). National update.
Strategic Media Partnership for Growth and Reputation: Introducing The Reporters
The Reporters is a dynamic online news publication committed to delivering credible, timely, and impactful journalism across Nigeria and beyond. With a strong foundation in professional reporting and editorial integrity, the platform focuses on social, economic, political, and human development issues that shape public discourse. Backed by decades of journalistic experience, The Reporters offers a trusted voice that informs, educates, entertains, and influences a diverse and engaged audience.
For members of the business community, The Reporters provides a strategic platform to enhance visibility, build brand credibility, and connect with target markets. Through well-crafted news, features, interviews, sponsored content, and digital amplification, businesses can showcase their products, services, and innovations to a wider audience. This engagement not only drives patronage but also positions organisations as key contributors to economic growth and development.
Political actors and aspirants also stand to benefit significantly from partnering with The Reporters. As the 2027 elections approach, the platform offers an opportunity for politicians to effectively communicate their vision, programmes, and track records to the electorate. Through balanced profiling, issue-based coverage, and reputation management content, The Reporters helps shape public perception and strengthens candidates’ connection with voters.
Beyond visibility, The Reporters plays a crucial role in image laundering and perception management, presenting clients in a favourable, credible, and issue-driven light while maintaining ethical standards. By highlighting achievements, clarifying controversies, and projecting leadership qualities, the platform supports politicians in building trust and acceptance among constituents, which are critical assets in any electoral contest.
Engaging with The Reporters is therefore not just about publicity, it is about strategic communication for mutual benefit. Partners gain access to a credible media channel with the wide reach of The Reporters while it continues to fulfill its mandate of promoting development-oriented narratives. We invite stakeholders in both business and political spheres to collaborate with us in shaping informed opinions, driving growth, and advancing democratic engagement.
Prospective clients can reach us via WhatsApp: 08032901058 or email: ahmeddada008@gmail.com.
- Management
