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CBN Tightens Cash-Withdrawal Limits as Nigeria Accelerates Shift Toward a Cashless Economy

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In a major move that has sparked nationwide debate, the Central Bank of Nigeria (CBN) has introduced new and stricter cash-withdrawal limits for individuals and corporate organisations. Under the updated policy, individuals will now be restricted to withdrawing ₦500,000 per week , while corporate entities will be allowed a maximum of ₦5 million weekly . The announcement comes as part of the apex bank’s ongoing effort to strengthen financial transparency , curb the circulation of illicit funds, and push the country further toward a fully digital and cashless financial ecosystem . As expected, the policy has generated mixed reactions from citizens, financial experts, business owners, and political commentators across the country. Aiming for a Safer and More Transparent Financial System According to the CBN, the new limits were introduced aft iiier careful assessment of the risks associated with high-volume cash transactions. For years, Nigeria has struggled with challenges related t...

Baby Dies After Mother Gives Tramadol, Goes Clubbing

 

 An unidentified woman whose child died after she allegedly gave her baby tramadol drug and went clubbing has been arrested by the Cameroonian Police Command. 

"The innocent child was the only thing standing in her way as she couldn't take him to the club. So what did this girl do?


The Instagram user, who shared the story with pictures of the lady and the dead baby, said the mother gave the child the drug so the baby could sleep while she went out to party with friends.

The incident was said to have happened in Likombo area of Tiko in the South-West region of Cameroon.

It was further revealed that the said mother locked the baby in the house after giving him the drug before going out.

Upon her return, she discovered the child lying down lifeless where she had put him and then raised the alarm. It was further revealed that the residents of the community descended on her and beat her up before the police intervened and carted her away.

The caption of the post reads, “This lady you see here committed an abomination last night in Likomba, Tiko. Despite having a newborn baby of few months old in hand, she wanted to go clubbing with friends.

“The innocent child was the only thing standing in her way as she couldn’t take him to the club. So what did this girl do?

“She decided to give him tramadol so he can fall deep asleep. This way she can go party with her friends.

“She gave him the tramadol and locked the baby inside the house. She returned home this morning only to find out the baby died as a result of the hard drugs she gave him.

“Likomba inhabitants descended on her and got her well beaten. Forces of law and order intervened and as of now, the girl is in detention. The baby has been buried. May the soul of the innocent baby rest in peace.”


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