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The House of Representatives is considering barring staff members of banks and other financial institutions from operating accounts outside the shores of Nigeria.

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 […]

todayJune 7, 2021 40

NEWS

The Central Bank of Nigeria has announced an increase in foreign exchange allocations to banks to meet the requests of customers.

The Central Bank of Nigeria has announced an increase in foreign exchange allocations to banks to meet the requests of customers. These requests include travellers seeking foreign exchange for travel allowances, payment of tuition and medical fees, among others. The CBN Governor, Godwin Emefiele, disclosed this at a meeting with the Managing Directors of Deposit Money Banks over the weekend. Emefiele cautioned the banks to desist from denying customers, particularly […]

todayJune 7, 2021 20

NEWS

The National Broadcasting Commission has directed all broadcast stations in the country to suspend the patronage of Twitter.

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 […]

todayJune 7, 2021 15

NEWS

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.

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 […]

todayJune 7, 2021 55

NEWS

Some banks have notified their customers that they will start charging them N6.98 for every USSD transaction.

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 […]

todayJune 7, 2021 17

NEWS

The FCT police command has debunked a video currently circulating on social media showing a police station in Abuja being attacked and set ablaze by hoodlums.

The FCT police command has debunked a video currently circulating on social media showing a police station in Abuja being attacked and set ablaze by hoodlums. A statement on Tuesday by the command's spokesperson, Mariam Yusuf obtained by our correspondent, Toffa Momoh said there was no record of such incident in the FCT. According to the police, the video is a handwork of mischief makers seeking to bring panic and […]

todayMay 26, 2021 29

NEWS

Nigeria’s 2020 Tokyo Olympics Games build-up received a major boost after Delta State Governor Ifeanyi Okowa adopted seven athletes to support their preparations.

Nigeria’s 2020 Tokyo Olympics Games build-up received a major boost after Delta State Governor Ifeanyi Okowa adopted seven athletes to support their preparations. Those adopted by the Governor include Favour Ofili, Blessing Okagbare, Divine Oduduru and Raymond Ekevwo. Others are Itshekiri Usheorise and Ogho-Oghene Egwero and Ese Brume. With the adoption, the preparations and personal expenses, including medicals, hiring of personal trainers, nutritionists and other related needs would be taken […]

todayMay 24, 2021 15

NEWS

Motorists and commuters have lamented over the bad condition of the Kuje-Pegi road in Kuje area council of the FCT.

Motorists and commuters have lamented over the bad condition of the Kuje-Pegi road in Kuje area council of the FCT.   They called for immediate rehabilitation of the road; stressing that its completion will improve security and commuting along that axis.   Eagles FM reporter, Toffa Momoh reports that Pegi community has been in the news in recent times due to the series of robbery attacks along the Kuje-Pegi road […]

todayMay 24, 2021 48

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