A 14-YEAR-OLD OHIO GIRL HAS TAKEN HER OWN LIFE, AND HER FAMILY BELIEVES THAT SOCIAL MEDIA PLAYED A ROLE.(PHOTO).

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 A 14-year-old Ohio girl has taken her own life, and her family believes that social media played a role. Szedi Roush sadly took her own life on Friday, June 12th. The loss of such a young and vibrant life has left the Blanchester, Ohio community shocked and filled with grief as they struggle to make sense of her passing.  Szedi was a student at Blanchester High School, where she was very active in sports and, by all outward appearances, a happy and outgoing teen. However, Szedi's family says there was a side to her kept hidden from her family. Despite being hidden from family, Szedi posted about her feelings  on TikTok. Her father says her most recent post described her feelings, and the method she intended to take her life, garnered over 40 reactions ranging from likes to hearts. They feel that is unacceptable and that Szedi's passing can help other youths reach out for help in the future.  Szedi's presence at school and at home will be greatly missed.  The fa...

CBN RAISES CASH WITHDRAWAL LIMITS, SCRAPS DEPOSIT CAPS IN MAJOR POLICY SHIFT. (PHOTOS). #PRESS RELEASE.


 CBN Raises Cash Withdrawal Limits, Scraps Deposit Caps in Major Policy Shift

The Central Bank of Nigeria (CBN) has announced a significant relaxation of its cash withdrawal and deposit regulations, effective January 1, 2026, in a move aimed at improving liquidity and easing the burden on businesses and individuals amid prevailing economic challenges.

In a circular signed by Dr. Rita I. Sike, Director of the Financial Policy and Regulation Department, the apex bank raised the weekly cash withdrawal limit for individuals from ₦100,000 to ₦500,000 across all channels, including ATMs, Point-of-Sale (POS) terminals, and over-the-counter transactions. Corporate entities will now enjoy a higher weekly limit of ₦5 million, up from the previous ₦500,000.

At the same time, all restrictions and processing fees on cash deposits have been completely removed, allowing unrestricted deposits without penalties.

Key Changes Effective January 1, 2026

Weekly cash withdrawal (Individuals)

₦100,000 (all channels)

₦500,000 (all channels)

Weekly cash withdrawal (Corporates)

₦500,000 (all channels)

₦5 million (all channels)

Daily ATM withdrawal

₦20,000 – ₦40,000 (bank-dependent)

Up to ₦100,000 (counts toward weekly limit)

Cash deposits

Caps applied; fees on excess

No limits, no fees

Third-party cheque withdrawals

₦100,000

Remains ₦100,000 (counts toward weekly limit)

Charges on excess withdrawals

Strict enforcement

3% (individuals), 5% (corporates); revenue shared 40% CBN, 60% banks

Special authorisations for large withdrawals

₦5m (individuals)/₦10m (corporates) monthly

Completely discontinued

ATM currency loading

Restricted denominations

All denominations permitted

The CBN stated that the revisions are intended to address current economic realities, including high inflation and liquidity constraints, while maintaining the broader goal of reducing cash dominance in the economy. The policy builds on the 2022-naira redesign and cash-limit framework, which was originally introduced to curb cash hoarding and money laundering.

Banks are now required to submit monthly reports to the CBN on all withdrawals above the new limits and on cash deposit patterns.

More photos below. 




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