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Cardoso: Report difficulties in withdrawing cash from ATMs, banks to CBN

Published

1 year ago

November 30, 2024

Cardoso: Report difficulties in withdrawing cash from ATMs, banks to CBN

The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs to the apex bank from December 1.

Cardoso, who spoke during the 2024 annual bankers dinner in Lagos organised by the Chartered Institute of Bankers of Nigeria (CIBN) urged customers to make reports through designated phone numbers and email addresses for their respective states.

Cardoso, who was conferred with the fellowship of the CIBN, said the reporting guidelines would be distributed widely to raise public awareness.

He called for full regulatory compliance by all stakeholders, including Mobile Money Operators and PoS Agents, to promote digital transaction channels and improve service delivery.

“We also recognize the ongoing challenges with cash availability at ATMs, which disproportionately affect ordinary Nigerians.

“To address this, we are conducting spot checks across Deposit Money Banks (DMBs) and will impose penalties on underperforming institutions.

“Effective December 1, 2024, customers are encouraged to report any difficulties withdrawing cash from bank branches or ATMs directly to the CBN through designated phone numbers and email addresses for their respective states.

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“I repeat, financial institutions found engaging in malpractices or deliberate sabotage will face stringent penalties,” he said.

According to him, the CBN will continue to maintain a robust cash buffer to meet the country’s needs, particularly during high-demand periods such as the festive season and year-end.

The CBN governor said the focus was to ensure seamless cash flow for Nigerians while fostering trust and stability in the financial system.

He explained the Payment System Vision initiative for 2025 to further enhance confidence in the nation’s payment system.

He assured that payment gateways in settling financial transactions will become better in 2025 as delays will be addressed.

Cardoso said that trust was fundamental to fostering digital transactions, and CBN must take every necessary step to preserve that trust in payment systems.

Cardoso: Report difficulties in withdrawing cash from ATMs, banks to CBN

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Ex-CBN Governor Godwin Emefiele Denies Allegations of Financing Terrorism

Published

1 hour ago

December 6, 2025

Trends Admin

Godwin Emefiele

Ex-CBN Governor Godwin Emefiele Denies Allegations of Financing Terrorism

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has strongly denied allegations linking him to terrorism financing in Nigeria, describing the claims as “mischievous and malicious.”

In a statement released on Saturday, December 6, 2025, Emefiele said the reports were “entirely fabricated, baseless, and a deliberate attempt to malign my name, mislead the public, and sow confusion for motives best known only to the publishers and their sponsors.”

He emphasized that the fight against terrorism is too important to be trivialized by irresponsible reporting, warning that Nigerians deserve accurate information rather than “reckless misinformation.”

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“Throughout my service to the nation and in my private life, at no time have I been involved in any activity remotely connected to terrorism, terrorist financing, or any action that threatens the peace and security of our nation,” Emefiele stated. He added that he has never been invited, questioned, or investigated regarding such allegations and has no connection to the individual cited in the media reports.

“There is no scintilla of truth in the allegation,” he said, urging the public to disregard the claims entirely and calling on media organizations to verify facts before publishing sensational stories.

Emefiele’s statement seeks to reaffirm his reputation and distances him from any activities undermining national security.

Ex-CBN Governor Godwin Emefiele Denies Allegations of Financing Terrorism

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Shettima Inaugurates Multi-Million Naira Juma’at Mosque in Gumel

Published

2 hours ago

December 6, 2025

Trends Admin

Shettima Inaugurates Multi-Million Naira Juma’at Mosque in Gumel

Vice President Kashim Shettima on Friday inaugurated the newly constructed multi-million-naira Juma’at Mosque located within the Emir of Gumel’s Palace in Jigawa State.

According to a statement by Zainab Rabo, Senior Special Assistant on Media Affairs to Governor Umar Namadi, the event drew high-level dignitaries, including top politicians, first-class emirs, captains of industry, and prominent Islamic scholars from across the country.

Rabo disclosed that the mosque was built by the Kashim Shettima Foundation, adding that Governor Umar A. Namadi and the Sultan of Sokoto graced the ceremony.

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During the occasion, the Vice President congratulated the Emir of Gumel, Alhaji Ahmed Mohammed Sani, on marking 45 years on the throne, describing the milestone as a blessing and testament to exemplary leadership.

Shettima also reaffirmed his commitment—through his foundation—to initiatives that would improve the lives of Nigerians.

The Vice President further commended Governor Namadi for his notable strides in modern agriculture, noting that Jigawa’s progress under his leadership had positioned the state competitively within Nigeria and beyond.

“Governor Namadi is equal to the task, looking at his two-year achievements and the way he transformed Jigawa in modern agriculture,” Shettima stated.

Shettima Inaugurates Multi-Million Naira Juma’at Mosque in Gumel

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Police Launch Special Enforcement Team to Enforce Tinubu’s Ban on VIP Escorts

Published

2 hours ago

December 6, 2025

Trends Admin

Inspector-General of Police (IGP), Kayode Egbetokun

Police Launch Special Enforcement Team to Enforce Tinubu’s Ban on VIP Escorts

The Nigeria Police Force (NPF) has deployed a Special Enforcement Team in Lagos to enforce President Bola Tinubu’s directive ending the use of police officers as escorts and guards for Very Important Persons (VIPs).

The operation, according to a statement posted on the Force’s official X account on Saturday by the Force Public Relations Officer, CSP Benjamin Hundeyin, commenced at about 10:00 a.m. on December 6, 2025, across key locations in Lagos State.

Hundeyin confirmed that the team carried out compliance checks at major points, including the Lekki–Ikoyi Link Bridge, the Murtala Muhammed International Airport domestic terminal, and other strategic hotspots within the state.

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He disclosed that officers found “satisfactory and commendable” compliance with the presidential directive, with no incidents of unauthorised police escort and no arrests recorded.

“The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, reiterates the Force’s commitment to the full implementation of the presidential directive,” the statement said. “The Nigeria Police Force remains resolute in redeploying its personnel to core policing duties aimed at enhancing general security, crime prevention, and the protection of lives and property nationwide.”

Hundeyin added that enforcement would continue across the country “without fear or favour,” urging Nigerians to support the push for a more professional and citizen-focused policing system.

President Tinubu had, on November 23, ordered the immediate withdrawal of police officers from VIP protection, directing that they be reassigned to frontline policing roles. According to the President’s Special Adviser on Information and Strategy, Bayo Onanuga, VIP protection will now be handled by armed operatives of the Nigeria Security and Civil Defence Corps (NSCDC).

The policy aims to free up police manpower for critical security operations, particularly in underserved communities, and enhance overall national security efficiency.