News Archives - Page 73 of 184 - Independent Digital News Network

CBN Removes Cash Deposit Limits but Maintains Harsh Withdrawal Caps in 2026 Policy Shift

The Central Bank of Nigeria has abolished all cash-deposit limits for bank customers under a new policy taking effect January 1, 2026. But while customers can now deposit any amount freely, strict weekly withdrawal caps remain in place—₦500,000 for individuals and ₦5m for corporates—deepening nationwide debate over the future of cash, liquidity access and Nigeria’s evolving cashless economy.

Troost-Ekong Retires Days Before AFCON, Shocks Super Eagles Fans Nationwide

IDNN5 months ago5 months ago0

Super Eagles captain William Troost-Ekong has shocked Nigeria by announcing his sudden retirement from international football just weeks before the 2025 Africa Cup of Nations. The 32-year-old defender ended a decade-long national team career marked by 83 caps, tournament heroics and leadership at AFCON 2023, leaving Nigeria scrambling for defensive stability as injuries and uncertainty mount before Morocco 2025.

2Baba Family Petitions IGP Over Assault, Bigamy Allegations Against Lawmaker Wife Natasha

IDNN5 months ago5 months ago0

The marital crisis between music legend Innocent “2Baba” Idibia and Edo lawmaker Natasha Osawaru has escalated dramatically, as the singer’s family petitions the Inspector General of Police. The petition alleges physical assault, financial manipulation, unauthorised fund transfers, and possible bigamy—deepening a controversy already fuelled by viral videos, family pleas and troubling behaviour captured online.

Tinubu Sends 68 Ambassadorial Nominees to Senate as Ayo Oke, Dalhatu & Are Clear First Screening Round

IDNN5 months ago5 months ago0

President Bola Tinubu has forwarded 68 ambassadorial nominees to the Senate for confirmation, expanding Nigeria’s diplomatic reshuffle. The list includes ex-service chiefs, former senators and political heavyweights. Three nominees — Ayo Oke, Amin Dalhatu and Kayode Are — were screened and cleared after intensive national security questioning

Domestic Airfares Soar to ₦300k–₦400k as Yuletide Travel Crisis Deepens Across Nigeria

IDNN5 months ago5 months ago0

Domestic airfares have surged to between ₦300,000 and ₦400,000 on major routes as Nigerians rush to book flights for the Christmas season. Airlines blame demand spikes and operational costs, while travellers complain of exploitative pricing, limited seats and a looming nationwide travel meltdown.

Nigeria Losing ₦20bn Daily to Port Collapse, Agbakoba Warns as Congestion and Inefficiency Deepen

IDNN5 months ago5 months ago0

Nigeria is losing over ₦20bn daily due to collapsing port infrastructure, inefficiency and severe congestion, maritime expert Olisa Agbakoba warns. He says delays, obsolete systems and logistical gridlock are crippling trade, driving costs up and weakening government revenue as importers and exporters struggle to move cargo efficiently.

Osun PDP Governorship Primary Turns Chaotic as Adeleke Withdraws and INEC Official Is Assaulted

IDNN5 months ago5 months ago0

The Osun PDP House of Representatives primary was thrown into chaos after aspirant Soji Adeleke withdrew abruptly, triggering a violent confrontation during which an INEC official was assaulted. Police intervened to restore order as party factions blamed one another for the breakdown of the process.

PDP Crisis Deepens as Makinde Bloc Issues Expulsion Certificates to Wike, Fayose and Nine Others

IDNN5 months ago5 months ago0

A powerful faction loyal to Oyo State Governor Seyi Makinde has issued expulsion certificates to Nyesom Wike, Ayo Fayose and nine others, escalating the PDP’s internal crisis. The faction accuses them of anti-party activities and aligning with the APC, as the party’s 2026 strategy fractures ahead of key elections.

US Lawmakers Accuse Nigeria of Failing to Stop Killings, Warn of Sanctions and Visa Bans

IDNN5 months ago5 months ago0

Pressure is mounting on Nigeria from Washington as US lawmakers accused the Nigerian government of failing to stop widespread killings, especially attacks targeting Christian communities....

Senate Confirms Gen. Christopher Musa as Defence Minister as He Declares: “No Negotiation with Terrorists” and Unveils New National Security Doctrine

IDNN5 months ago5 months ago0

The Senate has confirmed former Chief of Defence Staff, Gen. Christopher Musa, as Defence Minister after a five-hour session where he declared an end to ransom payments, warned against negotiating with terrorists, and called for a unified national database to strengthen Nigeria’s counter-terrorism efforts. He outlined a sweeping security doctrine amid rising kidnappings, banditry and maritime crime.