Benefits of cash withdrawal limit

-
In Nigeria, CBN make a new law that individual will not withdraw more than #20,000 from POS and #100,000 from Bank. 

The benefits goes like these :

 1. It will make individuals spend less i n physical for a day.

 2. For kidnapping business, it Will difficult for them to get physical cash from now on expecially during this period. 

 3. It will strengthen Naira in global market.

4. It will generate more saving than spending for individual.

5. E.T.C.

Comments

Post a Comment

Popular posts from this blog

Native doctor grinds human heads for juju.

-
Image
The joy of every woman is to settle with her ideal man and make a happy family, but when the reverse becomes the case, some will go the extra mile to get the man of her dream. This vividly captures the shocking revelation by a native doctor and suspected ritual killer who was recently arrested by the Special Anti-Robbery Squad (SARS) of the Lagos State Police Command. According to the suspect, he grinds human heads into powder as charm for ladies who are looking for choice husbands and big contracts. The native doctor who gave his name as Olasunkanmi Owolabi, is a 43-year-old native of Oyo town. He also disclosed that the human concoction could be used to cure stubborn sores, mental illness, sickle cell anaemia and epilepsy. Arrested with Owolabi were his two cohorts, Clement Omodijie and Usman Saliu a.k.a. Alfa. Omodijie, a 54-year-old indigene of Ekpoma, Edo State, says he is married with three childre and a grave digger at Gbogbo Cemetery, Ikorodu, Lagos on a ...
Read more

Cameroon kills 27 militants to save 480 Nigerian troops

-
Image
Cameroon kills 27 militants to save 480 Nigerian troops To protect the fleeing 480 Nigerian soldiers from harm, Cameroonian troops killed 27 suspected Boko Haram militants between Monday and Tuesday, the Cameroon State Radio said yesterday. The radio said the Cameroonian soldiers escorted their Nigerian counterparts back home after the Tuesday attack. It said Cameroonian soldiers killed the insurgents who attacked areas the Nigerian troops fled to during a battle with the militants. The Defence Headquarters (DHQ) in Abuja claimed that the troops “strayed” into Cameroon while making a “tactical maneouvre”. Sixteen of the suspected insurgents, the radio said, were killed on Monday and the 11 others on Tuesday. Cameroonian troops, the radio said, beat back two attempts by Boko Haram to enter the country’s northern territory through a locality sharing borders with Borno State. The troops seized heavy weapons and destroyed one of the vehicles the militan...
Read more

Enugu Assembly Clears New Deputy Governor in Nigeria.

-
Image
Enugu Assembly Clears New Deputy Governor Enugu State House of Assembly this morning confirmed a new Deputy Governor for the state. He is Rev. Ralph Ifeanyichukwu Nwoye from Isiogbo Nara in Nkanu East local government area of the state. Until his nomination and clearance, Nwoye was the Bishop in charge of Christ Ascension Church, Ugwuaji, Enugu. Nwoye served as a Deputy chairman of Nkanu East council and also served as Commissioner for Environment under Governor Chimaraoke Nnamani. Details shortly
Read more