‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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BANKS LOAD ATMs AS NEW N100 WITHDRAWAL FEE TAKES EFFECT. (PHOTO).

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 Banks Load ATMs as New N100 Withdrawal Fee Takes Effect


Nigerian banks have stocked their ATMs with cash following the implementation of a N100 withdrawal fee on March 1, 2025, in line with the Central Bank of Nigeria (CBN)’s revised policy.


Under the new structure, withdrawals from an individual's bank’s ATMs remain free, but customers using other banks' ATMs will be charged N100 for withdrawals of N20,000 or less at on-site ATMs (located within bank premises). Off-site ATMs, such as those in malls or fuel stations, will incur an additional surcharge of up to N500 per transaction. International withdrawals will attract cost-recovery-based charges.


A survey of ATMs across Lagos showed that most banks had updated their machines to notify users of the new charges before processing withdrawals.


Meanwhile, customers have expressed frustration over the additional cost, citing economic hardship. The Trade Union Congress (TUC) and Socio-Economic Rights and Accountability Project (SERAP) have condemned the policy, urging the CBN and the government to suspend the charges. They argue that the new fees further burden already struggling Nigerians.


The CBN has advised customers to use their bank’s ATMs or alternative payment channels, such as mobile apps and POS devices, to avoid the charges.

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