DOLLY PARTON RETURNS TO PUBLIC EYE TO CELEBRATE OPENING DAY AT DOLLYWOOD . (PHOTO).

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 Dolly Parton returns to public eye to celebrate opening day at Dollywood     Dolly Parton made her first public appearance in months to celebrate the opening day of Dollywood in Pigeon Forge, Tennessee, on Friday. The country music icon reflected on the past year, a year after the death of her husband of nearly 60 years, Carl Dean, saying she is “doing good” and has been working to rebuild herself spiritually, emotionally, and physically after grieving and dealing with health issues that kept her from touring. Joined on stage by Dollywood president Eugene Naughton, Parton brought her trademark humor to the crowd, joking about rumors of a new husband while reaffirming her devotion to Dean. She also shared updates on her ongoing projects, including a new Broadway musical and her Dolly’s Life of Many Colors Museum in Nashville. Parton previewed the park’s 41st season, highlighting the upcoming NightFlight Expedition ride, a new “Run Dollywood” race weekend, an updated ...
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CBN LIMITS POS DAILY WITHDRAWAL TO N100, 000.(PHOTO).

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 CBN limits POS daily withdrawal to N100,000


The Central Bank of Nigeria (CBN) has introduced a daily cash-out transaction limit of N100,000 per individual customer for Point-of-Sale agents.

The bank, in a circular to all deposit money banks (DMBs), microfinance Banks, mobile money operators and super-agents, titled ‘Cash-out limits for agent banking transactions,’ explained that the restriction is in line with the apex bank’s ongoing efforts to advance a cashless economy.


“In view of the above, all principals of agents are to comply with the following directives immediately: Issuers shall set a cash withdrawal limit (cash-out) per customer (regardless of channel) to N500,000.00 per week.

“Ensure that all agent banking terminals are set to a daily maximum transaction cash-out limit of N100,000.00 per customer, and ensure that each agent’s daily cumulative cash-out limit shall not exceed N1,200,000.00,” it said.


The CBN said the bank should ensure that agent banking services are clearly demarcated from merchant activities and that agents apply the approved Agent Code 6010 for agent banking activities.

Ensure that agency banking activities are consummated exclusively through agent float accounts maintained with the principals, monitor accounts associated with the agents’ BVN(S) with a view to identifying agent banking activities which may be conducted outside the designated float account(s).

“Ensure that all agent terminals are connected to a PTSA and ensure that all daily transactions per agent, including withdrawals, limits of transactions and balances in the float accounts of each agent, are sent electronically to NIBSS as a report to the CBN. The template of this report will be sent to principals,” it added.

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