wp_12686485

The House of Representatives is considering barring staff members of banks and other financial institutions from operating accounts outside the shores of Nigeria. Their spouses and children may also be mandated to declare their assets when a bill presently at the House becomes law. This was contained in the ‘Bank Employees, Etc., (Declaration of Assets)(Amendment) Bill 2021’, which is awaiting second reading. The legislation was titled ‘A Bill for an […]

The National Broadcasting Commission has directed all broadcast stations in the country to suspend the patronage of Twitter. The NBC said the decision followed the suspension of Twitter operations in Nigeria by the Federal Government over the persistent use of the platform for activities that are capable of undermining the corporate existence of Nigeria. The Commission directed the broadcast stations to “de-install Twitter handles and desist from using Twitter as […]

President Muhammadu Buhari has commiserated with the family and members of The Synagogue, Church of All Nations on the passing of their father and founder, Pastor Temitope Balogun, popularly known as TB Joshua. In a statement signed by the Special Adviser on Media and Publicity to the President, Femi Adesina on Sunday, President Buhari noted that the renowned televangelist will be missed by his followers all over the world not […]

Some banks have notified their customers that they will start charging them N6.98 for every USSD transaction. However, experts have said that excessive charges by banks could pose a threat to financial inclusion. According to them, it will increase cash transactions because many bank customers would avoid using the USSD for transactions and could also discourage the unbanked segment of the population because they would not like to pay such […]