No Banking Day: CBN calls for vigilance against excessive charges

[caption id="attachment_12254" align="alignnone" width="300"] Banking Hall[/caption] A group of consumer rights protection organizations asked Nigerians to boycott banks on March 1st in protest against excessive charges and unexplained fees by nigerian banks. The Consumer Advocacy Foundation of Nigeria (CAFON) and the Coalition of Nigerian Consumer Protection Associations say the protest is against recent bank charges endorsed by the CBN. CAFON said: ‘’It is pertinent to note that the Nigerian banking system had seen radical reforms in recent years in order to drive the Vision 20: 2020 programme. As part of this broad policy initiative the Central Bank of Nigeria, CBN, rolled out the cashless policy with a number of options in the electronic payment systems, including the mobile banking. ‘’To achieve this, the CBN had enlisted electronic and telecom service providers to ensure convenience and safety. ‘’In addition, the Bank also set up the Consumer Protection Department, CPD, saddled with the responsibility...

Sports NFF apologises to Nigerians, accuses Oliseh of lying

The Nigeria Football Federation on Monday tendered an unreserved apology to Nigerians following the confusion that the sudden resignation of Sunday Oliseh as the coach of Nigeria created. It was about the third statement the federation was making since Friday and it was explained that the clarifications became necessary following different shades of opinion on the issue. “The NFF seizes the opportunity to apologise to Nigerians for the situation that we, through no fault of ours, find ourselves, but assures the teeming Super Eagles supporters that we shall patriotically remain committed to the success of the team. This is already evidenced by the swiftness with which we have reconstituted the coaching crew and received the assurances of the patriotism of the Super Eagles players who have vowed to fight for the Nigerian flag and spirit, and ensure that not only do we qualify for the African Nations Cup but also that...

18 stocks boost market performance by N117bn

The Nigerian stock market soared by N117bn on Monday after 18 stocks recorded significant appreciation on their market prices. Dangote Cement Plc, Ecobank Transnational Incorporated, Fidson Healthcare Plc, Mobil Oil Nigeria Plc and Tiger Branded Consumer Goods Plc emerged top five gainers after the close of trading on the floor of the Nigerian Stock Exchange. A total of 467.239 million shares valued at 1.489bn were traded in 2,549 deals. At the end of trading, the NSE market capitalisation soared to N8.452tn from N8.335tn, while the All-Share Index climbed to 24,570.73 basis points from 24,228.79 basis points. The stock index rose by 1.41 per cent, its highest level in two weeks, supported by investors’ interest in the shares of Dangote Cement majorly, which accounts for a third of the local bourse’s capitalisation. The stock index has the second-biggest weighting after Kuwait on the MSCI frontier market index. The highest index attained by the market in the course...

AFCON qualifier: Siasia to unveil Eagles’ list Thursday

TVC E, SPORTS - Super Eagles' interim coach, Samson Siasia will on Thursday release the Super Eagles list for next month’s African Nations Cup (AFCON) qualifiers against Egypt, a Nigeria Football Federation (NFF) official has said. Nigeria hosts Egypt on March 25 in Kaduna, while the return leg takes place four days later in Cairo, africanFootball.com reports. Egypt leads a qualifying pool that also has Tanzania and Chad with six points from two matches, two points ahead of Nigeria. The Vice-chairman of the NFF technical committee, Ahmed Yusuf, said the committee will meet in Abuja on Thursday to vet the list of players to be submitted by a consortium of coaches led by Samson Siasia. “We will meet on Thursday to look at the list of players submitted by the newly appointed coaches,” he told africanFootball.com. ...

Media personality stuns in 6 gorgeous looks

TVC E -Beautiful South African media personality, Bonang Matheba, hosted the 2016b Metro Music Awards 2016 in Durban on Feb. 27th, alongside Metro FM’s DJ Mo Flava, in a total of six outfits. She looked stunning in each one of them.    Switching things up by taking a break from her regular stylist, Gert-Johan Coetzee, Bonang brought in an international stylist to help her out with her stunning evening wear looks. This time she teamed up with Law Roach, known for styling stars such as Ariana Grande and Zendaya.   The result was Bonang looking like the center of attention styled in couture looks that comprised of feminine outlines, ladylike pretty colors, edgy cuts and some modern tailoring.  Bonang Matheba Some of the looks, featured a longsleeve black and gold metallic column gown that Bonang wore on the black carpet. In a design by Lebanon designer, Charbel Karam, Bonang relaxed the opulent and...

“Spotlight” wins Best picture at the Academy Awards

TVC E -  The movie about Catholic Church abuse won against “The Big Short", "Bridge of Spies”, “Brooklyn", "Mad Max: Fury Road", "The Martian", "The Revenant" and "Room". In his acceptance speech the film’s producer Michael Sugar said: "This film gave a voice to survivors, and this Oscar amplifies that voice, which we hope can become a choir that will resonate all the way to the Vatican”. The film, which received six nominations at the ceremony and took home two awards last night - it also won the award for best original screenplay. “Spotlight” is about Boston Globe journalists who uncover a story revealing that paedophile priests were allowed to get away with abuse in the Catholic Church. The film stars Mark Ruffalo and Rachel McAdams who were both nominated at the awards. The 88th Academy award was held on Sunday, February 28, 2016 at the Dolby Theatre in Hollywood. Actor...

Bukky Wright, Yinka Quadri to star in new Yoruba film

TVC E, MOVIE - Popular Nollywood star, Lola Margaret is currently working on location on her new film titled “Agbara” and will feature several known names in the industry including Femi Adebayo, Mistura Asunramu, Bukola Fagbuyi, Yinka Quadri and Bukky Wright. The new movie, which is in Yoruba language is directed by Muka Ray. It was produced and written by Magret. The title of the movie when translated from Yoruba to English means “Power”. Filming of the upcoming movie commenced almost last week.  Lola Margaret is also an actress and a movie director.  She gained recognition on the film scene when she played a lead role in the film “Bisola Alan”. Quadri plays a lead role in the upcoming film. He began his acting career in the late 70s in theatre before transitioning over to film. He has been in the industry for over 37 years. Earlier this year, the actor revealed his plans...

Refund looted fund, Benue Gov. tells Gabriel Suswam

TVC E, POLITICS - Benue State governor, Samuel ortom has asked his predecessor, Gabriel Suswam to refund over N3billion, which he allegedly stole from the state coffers when he served as Governor between 2007 and 2015. According to sources, the recommendation was said to have been made by a  panel of inquiry - a six-man commission, headed by Justice E.N Kpojime, and constituted by incumbent the Governor, Samuel Ortom, last July to  examine Suswam's tenure. According to the state government white paper on the report of the commission, Suswam and officials of his administration were recommended for prosecution and declared unfit to hold public office for involvement in industrial-scale fraud and financial mismanagement in Benue State between 2007 and 2015. The whitepaper, titled: "Government Views and Decisions On Report Of the Judicial Panel Of Inquiry Into Funds Accruing/Received And The Utilization Of Benue State Funds/Assets, 2015", reveals the shady deals, outright theft, mismanagement...

‘We won’t abandon our campaign promises,” says Lai Mohammed

TVC E, POLITICS -  Minister of Information and Culture, Alhaji Lai Mohammed has assured Nigerians that President Muhammadu Buhari will not renege of his campaign promises. Mohammed also said that the government had been forced to prioritize its programmes due to the oil price decline. The minister made the comments while featuring on a TV programme on Sunday, February 28, 2016. “When you campaign, you say you will do a,b, c, but when you win election, you prioritise,” he said. “We are still faithful to those promises, but as you have rightly said, when we were campaigning the price of crude was $100 a barrel, today it is $30 a barrel so definitely, we will have to downsize some of the things intended to do but this does not mean abandoning those promises. “You do not make a budget for four years, you make an annual budget and in this year’s budget, we have outlined...

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