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Showing posts from December, 2025

HAMPER OF GOOD THINGS FOR ALL MY READERS

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HAMPER OF GOOD THINGS FOR ALL MY READERS A end of the year hamper with goodies for you all. Unpack, place in your kitchen, pantry or refrigerator and enjoy the contents. Cheers.  A PERSONAL OPINION Just a quick one in response to the Government of my country Nigeria on the new policy to be commenced in January 2026 across all banks. The policy says no matter how much you have in your account, you cannot withdraw more than N500,000 a week for individuals and N5m for corporate. ATM withdrawal limit is N100,000 a day. Excess withdrawals will be by permission and will attract 3% charges for individuals and 5% charges for corporate.  I personally think this should be reconsidered for the following reasons.  1. From the little Economics I read in school, I think , by law, the money in the bank is your money, not the bank's money nor the government's money. You deposited it in trust, not donated it to the bank. The law that established banking gives every...