JUST-IN: National Assembly Extends 2024 Budget By Six Months
The National Assembly on Wednesday extended the implementation of the 2024 Budget by six months, Edum News reports. The extension was disclosed by Senate President Godswill Akpabio during the 2025 Budget presentation by President Bola Tinubu. According to Akpabio, the extension which will last till June 30, 2025 is due to the good performance of […]
Police Promotes CP Who Oversaw Farotimi’s Arrest To AIG
The Police Service Commission (PSC) has promoted Akinwale Kunle Adeniran, the Commissioner of Police in Ekiti State who oversaw the arrest of human rights lawyer, Dele Farotimi to Assistant Inspectors General of Police (AIG). Adeniran was promoted on Tuesday to the rank of AIG of Police. Edum News reports that his promotion is following the […]
Governor Adeleke Seeks Pardon For Man Sentenced To Death For Stealing Fowl, Orders Probe
Ademola Adeleke, the Governor of Osun State has expressed concerns for a young man who was sentenced to death by hanging in the state for stealing fowl. Edum News gathered that the man was arrested in 2010 and sentenced to death by hanging in 2014 after being convicted of stealing a fowl. Reacting to this, […]
Senate Moves To Ban The Use Of Dollars, Other Foreign Currencies For Local Transactions
The Nigerian Senate On Tuesday passed for first reading a bill to ban the use of foreign currencies for payments and transactions within Nigeria. Edum News gathered that the proposed bill is aimed at ensuring that all payments, including salaries and transactions, are conducted in naira. It further seeks to address discriminatory practices and strengthen […]
CBN Limits Daily PoS withdrawal To N100,000
The Central Bank of Nigeria (CBN) has limited daily withdrawals from Point of Sale (POS) terminals to the sum of N100,000 per customer. Edum News reports that the new development was disclosed by the apex bank in a circular sent to all deposit money banks (DMBs), microfinance Banks, mobile money operators and super-agents. CBN, in […]