Breaking News
Central Bank of Nigeria (CBN) Increases ATM Card Issuance Fee to N1,500, Scraps Maintenance Charge
The Central Bank of Nigeria (CBN) has increased the fee for the issuance or replacement of debit and credit cards from N1,000 to N1,500, effective from May 1.
The apex bank also announced that no maintenance fee will be charged on naira-denominated debit or credit cards, while virtual cards will remain free.
The revised guide to bank charges replaces the previous 2020 guidelines and applies to all financial institutions regulated by the CBN...TAP TO CONTINUE FULL READING.
Key Points:
POS payments by customers to merchants will remain free; merchants pay 0.5% service charge.
Electronic transfers of N5,000 and below remain free; N10 for N5,000-N50,000; N50 for above N50,000.
ATM withdrawal from another bank costs N100 per N20,000 (on-site) plus up to N500 surcharge for off-site.
SMS alerts may be charged on a cost-recovery basis; email alerts remain free.
Account reactivation and routine services remain free.
The new framework aims to enhance transparency, standardisation, and consumer protection in banking.
Sources: Nairametrics, Business Day
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Security has been heightened in the Federal Capital Territory following the emergence of a classified document reportedly from the Department of State Services (DSS) warning of planned coordinated attacks.
The document identified strategic targets, including Nnamdi Azikiwe International Airport, Kuje Correctional Centre, and other sensitive installations. Security agencies have strengthened surveillance, reinforced checkpoints, and intensified patrols.
The alert has revived public anxiety over the July 2022 Kuje prison break, where hundreds of inmates escaped...TAP TO CONTINUE FULL READING.
Key Points:
The alleged memo warned of attacks by ISWAP, Boko Haram, Ansaru, and JNIM.
The possible objective includes freeing detained insurgents.
Security experts urged coordinated intelligence management and public communication.
Residents have mixed reactions, some confident, others fearful.
Authorities have not officially confirmed the document’s authenticity.
Security deployments have intensified across Abuja as residents await official confirmation.
Sources: Daily Post Nigeria
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Women in Kano have been spotted waving branded underwear featuring Governor Abba Kabir Yusuf’s face at an APC rally.
The display coincided with First Lady Oluremi Tinubu’s commissioning of the Lodge Road and launching the North-West Energised Commercialisation Now program.
Online reactions have been mixed, with some criticising the stunt as inappropriate for conservative Kano, while unverified claims blamed the rival NNPP governor. NNPP supporters reportedly responded with Kwankwaso-printed versions...TAP TO CONTINUE FULL READING.
Key Points:
The branded panties featured Governor Abba Kabir Yusuf’s face.
The display occurred at an APC rally attended by the First Lady.
The stunt has sparked outrage and mockery on social media.
Unverified claims suggest the rival NNPP governor may be behind the display.
The incident highlights escalating political rivalries ahead of 2027.
The unusual campaign stunt has drawn attention to the intensifying political battle in Kano.
Sources: X.
Trending Photos: Kano government distributes branded panties to women. pic.twitter.com/1QmLCL9vCc
— Trending Explained (@TrendingEx) April 24, 2026
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No fewer than 30 traditional rulers across Kwara South have fled their palaces following sustained waves of kidnappings, killings, and violent attacks.
Affected monarchs are seeking refuge in Ilorin, Osogbo, Offa, and Lagos. Some have been away for months, others for nearly a year.
The displacement has created a leadership vacuum in their communities. In one recent case, gunmen abducted a monarch and his wife, demanding N400 million ransom. Many communities have become ghost towns...TAP TO CONTINUE FULL READING.
Key Points:
A monarch was abducted alongside his corps member son on New Year’s Eve.
Ransoms paid have ranged between N40 million and N400 million.
Farms have been abandoned, schools shut, markets rendered inactive.
Over 28 communities in Ifelodun LGA have been deserted.
Residents blame abandoned traditional protection methods and illegal mining.
The crisis has devastated agriculture, commerce, and communal life in Kwara South.
Sources: Punch Newspaper, Daily Post
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