The International Labour Organization (ILO) had in 2020, estimated a 6.7% decline in work hours towards the second quarter of the year. This projection would have resulted in 195 million full-time jobs lost to the COVID-19 pandemic. However, variants of the virus beat the statistics provided, to a 20.6% increase in close quarters of 2021. …
Just In: CBN limits ATM withdrawal to N20k/day, banks to dispense N200 as highest denomination
The Central Bank of Nigeria has announced a maximum ATM withdrawal limit of N20,000 daily. This directive was contained in a circular released by the apex bank via its Director of Banking Supervision, Haruna B. Mustafa, on Dec 6. The new withdrawal limit is in line with the newly redesigned Naira notes expected to be …