YEMEN FIGHTING PUSHES NEARLY 3,000 TO DJIBOUTI IN LESS THAN A WEEK- UN. (PHOTO).

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Yemen fighting pushes nearly 3,000 to Djibouti in less than a week: UN    Nearly 3,000 people have fled Yemen for Djibouti in less than a week as escalating violence drives growing displacement within the country and across its borders, the UN refugee agency said Friday. “Refugees continue to arrive by boat through Obock, Khor Angar, Moulhoule and Godoria after difficult journeys in small vessels,” UNHCR representative in Djibouti Sandrine Desamours told reporters in Geneva, Anadolu Agency reported. More than half of those crossing the Bab el-Mandeb Strait are women and children, while some families have been displaced for a second time after previously fleeing Yemen during the 2015 crisis and later returning. UNHCR is preparing for at least 10,000 new arrivals but warned that capacity is rapidly diminishing. Markazi refugee village, designed for 5,000 people, was already hosting more than 2,700 Yemenis and 1,500 Eritreans. More than 100,000 people have also been displaced ins...

REPS URGE CBN TO SUSPEND ATM CHARGE HIKE. (PHOTO).


 

In a move aimed at protecting the interests of Nigerian citizens, the House of Representatives has passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend its recent decision to increase Automated Teller Machine (ATM) transaction charges.


The CBN had announced plans to introduce new charges for ATM transactions, effective March 1, 2025. Under the new policy, customers would be charged ₦100 for every ₦20,000 withdrawn from another bank's ATM. However, lawmakers argued that this move would place an undue financial burden on Nigerians.


Following a motion of urgent public importance, the House of Representatives urged the CBN to put the policy on hold pending further engagement with relevant committees. The lawmakers stressed the need for the CBN to reconsider its decision and explore alternative solutions that would not negatively impact citizens.


The CBN had attributed the reviewed charges to rising costs and the need to improve the efficiency of ATM services in the country. However, critics have argued that the new policy would disproportionately affect low-income earners and those who rely heavily on ATM transactions.


As the debate surrounding the ATM charge increase continues, the House of Representatives' intervention is seen as a significant step towards protecting the interests of Nigerian citizens.

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