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CBN Announces Stricter Cash Withdrawal Rules Ahead of 2026: What Nigerians Must Know

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As Nigeria gradually transitions toward a fully cash-lite economy , the Central Bank of Nigeria (CBN) has unveiled a new set of cash-withdrawal policies that will officially take effect from January 1, 2026 . These fresh rules mark one of the most significant adjustments to Nigeria’s financial landscape in recent years, and they are designed to reduce the cost of cash handling, curb money-laundering, strengthen security, and encourage the use of digital payment platforms . For many individuals, small business owners, corporate organisations, and rural communities that rely heavily on cash transactions, these new withdrawal limits will have a noticeable impact. Here’s a full breakdown of what the new policy means, how it works, and why the CBN believes it is necessary. A New Withdrawal Structure for 2026 Under the new rules, the maximum cash individuals will be allowed to withdraw across all channels— ATM , POS , and over-the-counter (OTC) transactions—is ₦500,000 per week . For cor...

Son Pelts Dad With Stone, Victim Dies


Train up a child the way he should go and when he is old, he will not depart from it. This a warning to parents that when you allow your child to have his own way, he will not depart from the foolishness when he is older.

When a child is not trained well it might result to the following; criminal activities, unpeaceful community, bad leaders, death and spoil of family image.

Discipline matters a lot in a child's up bringing. Discipline which is from a latin word, disciplina means "instruction and training" it is derived from the root word disere meaning to learn..  

Failure to discipline a child is very disastrous and can lead to disrespect and irresponsibility, lack of empathy, compassion and kindness, truancy and death.

It is a taboo for a child to beat up his own father no matter what happened. This brought us to the case of a 25-year-old man Bernard Danlami who stoned his father to death in the mangu Local Government Area of  Plateau State.

According to the state Commissioner of Police, Onyeka Bartholomew, confirmed Bernard’s arrest while addressing journalists on the activities of the command at its headquarters in Jos on Friday.

He said, “On 12/05/2022 at about 1800hrs, a case of culpable homicide was reported at Mangu Police Station of the command that on 11/05/2022 at about 2120hrs a fight ensued between two brothers; namely Bernard Danlami ‘m,’ 25 years old and Zugumnan Danlami ‘m,’ 18 years old of COCIN shamsoho, Kerang Mangu LGA over a bucket of water. But as their father, one Danladi Mangna, faulted Bernard Danladi for being rude and flogged him with a stick, the said Bernard picked a stone and hit his father on the forehead which resulted to a serious injury that eventually led to his father’s death.

“On receipt of the case, the suspect was arrested and interrogated. The suspect confessed to the commission of the crime. He will be charged to court as soon as investigation is completed”

The commissioner who also paraded about 10 other suspects for various offences including criminal conspiracy, cattle rustling and kidnapping, advised members of the public to report suspicious movements and persons to the police and other law enforcement agencies to curb crimes.

Well, discipline is the quality of being able to behave and work in a controlled way which involves obeying particular rules or standard. Remember, when you spare the rod you will spoil the child.


 

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