Day: August 11, 2015

Nigerian banks have restructured limits on withdrawals done with their ATMs on both domestic and foreign transactions. With the new review, Naira cash withdrawal at ATMs is now N60,000 per day instead of the former N150,000. Also, the limit for foreign currency withdrawal is now $300 per day. According to the new arrangement, the traditional…

Renowned professor of law, Itse Sagay, has been appointed by President Muhammadu Buhari to head the Presidential Advisory Committee against Corruption. A statement issued by Buhari’s spokesman, Femi Adesina, disclosed that the committee is expected to “advise the present administration on the prosecution of the war against corruption and the implementation of required reforms in…