News
Naira crisis: Queues gradually disappear as bank ATMs dispense cash

Long queues at commercial banks in Lagos have suddenly disappeared following the injection of more bank notes by the Central Bank of Nigeria (CBN) into commercial banks, the News Agency of Nigeria (NAN) report’s.
The apex bank had on Thursday confirmed the evacuation of bank notes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of the banknotes of various denominations.
The bank also directed all commercial banks to open for operations on Saturdays and Sundays.
The apex bank said that a substantial amount of money, in various denominations, had been received by the commercial banks for onward circulation to their respective customers.
The CBN had directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls through the weekends.
Meanwhile, a correspondent of NAN who monitored some of the banks in the metropolis to check compliance, reported that the long queues drastically reduced, not all bank ATMs dispensed and banks only paid customers who are account holders in their banks.
The banks visited along Ajao Estate Road in Oshodi –Isolo and Alimosho local government areas are Guarantee TrustHolding Company (GTCO), Keystone Bank, First City Monument Bank, Zenith Bank, Firstbank, United Bank for Africa, Globus bank, Polaris Bank and Union Bank.
NAN also reports that banks who paid their customers had limits to what they pay, which ranges from N5,000, N10,000 and N20,000.
Some banks paid N10,000 to their customers, N5,000 to non-customers and others only to bank customers.
An official at one of the banks which pays N20,000 to its customers, told NAN that for a customer to be paid the amount, the person must put his or her BVN down with a thumb print to ensure that they do not withdraw above the specified limit.
Mr Ayotunde Dayo, a transporter, who expressed joy that the long queues were gone, urged the apex bank to adequately supply banks with enough cash that could go round for everyone to access.
“This rationing of cash that banks are doing is not the best, when I heard that CBN had asked banks to begin to pay customers cash even on weekends, I was happy because the suffering of the people would reduce.
“But from the look of things, the sufferings will still continue because many banks only pay to their customers, if you are a non-customer, nothing for you.
“I use GTB but because I heard Zenith was paying I had to stop over to withdraw, but on getting here, I am told that I have no business being here because they only pay to their customers and it’s N5,000. This is not good,’’ he said.
Mrs Paulina Ikechukwu, a Secondary School Teacher, urged the apex bank to ensure enough cash was moved to commercial banks and accessible by everyone.
“The banks need to be faster because the masses are dying of hunger since the naira redesign came on board.
“The CBN should monitor the banks and ensure they comply; the typical Nigerian banks that I know would start well now and do something else in the coming days,’’ she said.
Mrs Balogun Shokunbi, a petty trader in Ajao Estate Market, however, blamed the scarcity of cash on Point of Sale (POS) operators, saying they connived with bank officials and security men to empty cash from Automated Teller Machines (ATMs).
She urged the apex bank to monitor them and ensure they did not go to the banks in the night to empty the cash in the ATMs.
“I sell in the market and I have friends who render POS services and they have told me how they get the money they use for their business.
“ One of them was even boasting of the money that she has made since the redesigned notes policy came up. I pray CBN will continue to pump in money to the banks so that we can all go back to our normal lives,’’ she said.
Credit: NAN
International News
US Wants Justice In The killing Of Pastor Dachomo’s 9 Family Members
The United States has condemned the killing of members of the family of Plateau-based cleric, Rev. Ezekiel Dachomo, describing the attack as horrific and urging Nigerian authorities to ensure those responsible are brought to justice.
In a statement shared on X on Thursday, the US Department of State’s Bureau of African Affairs expressed condolences to the victims’ families and called for stronger measures to prevent further attacks on vulnerable communities across Nigeria’s Middle Belt.
“The United States strongly condemns the horrific killing of members of Rev. Ezekiel Dachomo’s family in Plateau State, Nigeria. The continued violence targeting Christian communities and other vulnerable populations in Nigeria’s Middle Belt is deeply alarming,” the bureau said
The US said it had already engaged Nigerian officials on the worsening security situation, stressing that urgent action was needed to curb recurring attacks and hold perpetrators accountable.
“As I discussed last week with Nigerian officials, we must do more to prevent violent acts. The perpetrators must be held accountable, and urgent action is needed to strengthen security and protect Christians and other vulnerable communities,” the statement added.
The bureau reaffirmed Washington’s commitment to working with the Nigerian government to combat terrorism and violent extremism, stressing that Christians and other Nigerians should be able to practise their faith without fear of violence.
The statement followed the July 12 attack on Kum community in Riyom Local Government Area of Plateau State, where nine members of Rev. Dachomo’s extended family, including a two-month-old baby, were killed.
According to the cleric, the attackers, believed to be armed Fulani militias, asked for him by name before opening fire on his relatives.
Dachomo, who serves as Regional Chairman of the Church of Christ in Nations (COCIN) in Barkin Ladi Local Government Area, said his family had repeatedly been targeted because of his outspoken criticism of the violence in Plateau State.
He recalled that his grandmother and an uncle were also killed in previous attacks, adding that days after burying his relatives, he received a written death threat from the same group, warning that he would be their next target.
News
Graduation Ceremony Ban: Govt Threatens To Shut Erring Schools, Exempts SS3 Students
The Anambra State Government has clarified that its indefinite ban on graduation ceremonies applies to all kindergarten, primary and secondary schools across the state, except for students completing Senior Secondary School (SS3).
The clarification was contained in a press statement issued on Friday by the Commissioner for Information and Value Reformation, Law Mefor, following what the government described as public enquiries and concerns over the directive.
According to the government, Governor Chukwuma Soludo ordered the suspension of graduation ceremonies to reduce the financial burden imposed on parents by schools.
“The essence is to reduce the financial burden on parents,” the commissioner said.
The government explained that the ban covers all forms of graduation-related events, including “passing out,” “cross over,” and any similar ceremonies organised by schools.
Mefor further stated that the directive applies to both public and private schools operating in Anambra State.
However, he noted that students graduating from Senior Secondary School (SS3) are exempted from the ban.
The commissioner stressed that graduation ceremonies for SS3 students remain optional and, where organised, must not involve any levies or financial demands on students or their parents.
“Graduation ceremonies for students exiting Senior Secondary School are optional and, where carried out, must be conducted without any form of levy or financial demand on students and parents,” he said.
The state government also warned that school proprietors and administrators who violate the directive would face severe consequences.
“Any school management found in violation of this directive will face serious sanctions, which may include the closure of such school,” Mefor stated.
The clarification followed widespread reactions after the state government announced the suspension of graduation ceremonies, with many parents and school owners seeking details on the categories of schools affected and whether any exceptions would be allowed.
Governor Chukwuma Soludo, in October 2025, banned graduation ceremonies and Christmas parties in schools across the state as part of efforts to reduce the financial burden on parents and guardians.
The governor said the policy was designed to make education more affordable and equitable for families while discouraging unnecessary expenses associated with school activities.
Expressing concern over what he described as avoidable financial pressure on parents, Soludo had also directed schools to discontinue the use of textbooks designed for pupils to write in.
“This is to owners and administrators of government, private, and mission schools in Anambra: we have set out some basic standards to ensure that the poor are not made to spend so much just because their children are in school.
“One of the measures includes discontinuing the use of textbooks designed for students to write in. This practice forces parents to buy new textbooks annually.
“Once a child finishes a class, he should be able to pass on his textbooks to his younger siblings,” the governor had said.
News
Massive Gridlock As Multiple Accident Leave One Dead On Kara Bridge
At least, one person has been confirmed dead leaving others with different categories of injury, following an early-morning multiple-car crash along the Kara Bridge, inward Mowe/Ibafo on the Lagos-Ibadan Expressway, which left hundreds of motorists stranded and grounded economic activities.
In a detailed report of the incident, the FRSC, Lagos Sector Command, said the first crash occurred at about 12:05 a.m. on the outbound carriageway towards Ibadan, involving five articulated trucks and one Toyota Sienna vehicle.
The FRSC report also said rescue and recovery operations were ongoing when another crash occurred at the inbound carriageway towards Lagos involving a commercial bus.
It added that Lagos State Traffic Management Agency LASTMA officials, FRSC officials, officials of the Lagos State Emergency Management Agency LASEMA, and police operatives were on the ground to manage the situation. Tow trucks were also present as officials continued recovery operations.
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