The Central Bank of Nigeria (CBN) has reduced cash withdrawal charges from other banks’ Automated Teller Machines ATM from N65 to N35 after the third withdrawal within a month.The apex bank in a revised Guide to Bank Charges has mandated banks to charge customers N35 for cash withdrawals.The new guideline signed by Chibuzo Efobi for CBN Director, Financial Policy and Regulation Department, showed a downward review for electronic banking transaction charges to align with market developments.The new directive is set to take effect on January 1, 2020, in furtherance of CBN’s quest to make financial services more accessible and affordable to various stakeholders in the economy.Source: channelstv
The Independent National Electoral Commission has declared the All Progressives Congress governorship candidate, David Lyon, winner of the November 16 Bayelsa governorship election.Returning Officer, Prof. Faraday Orumwense, Vice-chancellor, University of Benin, announced at the INEC Collation Centre in Yenagoa, that the APC polled 352,552 votes while the PDP scored 143,17 votes. The total number of registered voters was announced as 922, 562 and the number of accredited voters was put at 517,883.PREMIUM TIMES earlier reported how Mr Lyon won in 6 of the 8 local governments in the state.In the results announced for Ekeremo local government, the number of registered voters was announced as 125,189 while accredited voters were 41,423. In the local government, the APC won by polling 21,489 votes while the PDP polled 18,344 votes.In Southern Ijaw local government, the APC candidate polled 124,803 votes to defeat his closest rival in PDP who polled 4,898 votes. The APC candidate hails from...
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