SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...
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REPS URGE CBN TO SUSPEND ATM CHARGE HIKE. (PHOTO).

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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 Under the new policy, customers would be charged ₦100 for every ₦20,000 withdrawn from another bank's ATM.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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