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The European Union, EU, has decided to deploy an Election Observation Mission, EOM, to observe the general elections in Nigeria.
A statement issued by the Vice-President of the European Commission, Josep Borrell, revealed that Barry Andrews, was named the Chief Observer for the EOM to Nigeria.
The statement noted that the Mission will provide a comprehensive, independent and impartial assessment of the electoral process based on international and regional standards for democratic elections.
It assured that the EU EOM will remain in the country until the completion of the electoral process.
The Central Bank of Nigeria, CBN, has increased the maximum weekly limit for cash withdrawals by individuals and corporate organizations to N500,000 and N5 million, respectively. The directive was contained in a circular signed by the director of banking supervision department, Haruna Mustafa. According to the circular, the apex bank made the upward review based on feedback received from stakeholders. This comes two weeks after the CBN reduced the weekly […]
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