Senate Moves To Ban The Use Of Dollars, Other Foreign Currencies For Local Transactions

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

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 […]

Nursing Mother Arrested For Throwing Her 10-Month Old Baby Into River

Nursing Mother Arrested For Throwing Her 10-Month Old Baby Into River

A Nursing mother identified as Blessing Ibuku has been arrested by officers of the Delta State Police Command for killing her 10-months old baby, Prevail Jonathan into a River. Edum News gathered that Ibukun threw the baby into the River because her friends were mocking her. The suspect confessed to the police that she threw […]

Corps Member Slumps, Dies At NYSC Orientation Camp In Kebbi

Corps Member Slumps, Dies At NYSC Orientation Camp In Kebbi

A national youth service corps (NYSC) member deployed to Kebbi state, Tayachibiyacha Ebal has slumped and died at Dakin Gari NYSC orientation camp, Edum News reports. According to reports, the corps member was immediately rushed to the camp clinic for medical attention, after which she was transferred to the Federal Medical Centre Birnin Kebbi for […]

Panic As Unknown Gunmen Kill UNIZIK Lecturer In Anambra

Panic As Unknown Gunmen Kill UNIZIK Lecturer In Anambra

A lecturer of the Nnamdi Azikiwe University, Awka (UNIZIK), Dr Fabian Osita has been shot dead by unknown gunmen. Edum News gathered that the yet-to-be-identified killers are aside to be members of a car-snatching syndicate. The tragic incident happened on Monday night near the high-tension area in Aroma in Awka, the Anambra State capital, as […]

Tinubu Approves Free Nationwide Train Service Ahead Of Christmas

Tinubu Approves Free Nationwide Train Service Ahead Of Christmas

President Bola Tinubu has approved free train service nationwide starting from December 20, 2024 to January 6, 2025 to help caution high transportation fare during the Christmas season. Edum News reports that this was made public by the Minister of Information and National Orientation, Mohammed Idris while briefing State House correspondents at the end of […]

JUST-IN: FG Renames UniAbuja After Yakubu Gowon

JUST-IN: FG Renames UniAbuja After Yakubu Gowon

The President Bola Tinubu-led Federal Government on Monday renamed the University of Abuja (UniAbuja) to Yakubu Gowon University. Edum News reports that the approval was done by the Federal Executive Council (FEC) on Monday. This was made public by the Minister of Information and National Orientation, Mohammed Idris to State House correspondents after the council […]