Nchetachi ChukwuajahThe Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communications professionals working in Nigeria’s banking sector, has debunked rumours trending on social media that the Central Bank of Nigeria (CBN) will shutdown banking services for five days between February 23 and 27 because of the general elections. In a statement signed on Wednesday by its president, the association said that no Deposit Money Bank (DMB) or other institutions providing financial services in the country has received such a directive from the CBN. “Customers who wish to carry out transfers or use electronic banking services will have unhindered access to these services before, during, and after the elections. “ACAMB urges Nigerians not to panic and to also avoid uncontrolled spending as a result of the fake news about the alleged plan to shut down bank branches and all digital banking channels. “ACAMB calls on Nigerians to be peaceful and orderly during the elections and wishes the nation successful conduct of free, fair and credible elections,” he added.
Source:Nigerian Tribune
February 23, 2023 09:54 UTC
The Chairman of Economic and Financial Crimes Commissions, Abdul Rasheed Bawa, on Wednesday, raised an alarm over plans by politicians to buy votes in kind and not only in cash during the general elections. He said, “We have an intel that a lot of politicians have bought some items that they will use to buy votes in kind and not in cash. Bawa further revealed that public officials, corrupt businessmen and not only governors are hoarding old and new naira notes with the intent to buy votes during the presidential election scheduled to hold on Saturday. So, I don’t want to say governors are these but I will say that public servants, either retired or serving and some businessmen with questionable characters are on our radar. “The biggest hurdle is if Nigerians don’t buy into what we are doing but I believe once we are united, we would be able to take inadequacies out of our system,” he stated.
Source:Punch
February 23, 2023 01:31 UTC
The management of the Truck Transit Park has said that Eto, an electronic call-up system, has reduced the cost of moving cargo from the ports by 65 per cent in two years. The Managing Director and Co-founder of TTP, Jama Onwubuariri, said this on Thursday in Apapa, Lagos, at the 2nd anniversary of the firm. TTP is a mobility technology company for the easy movement of trucks in and out of Lagos ports. “The company’s technology has also contributed significantly to a massive reduction in the cost of moving cargo by 65 per cent, providing significant cost savings to businesses and improving the competitiveness of the Nigerian economy. “And it is committed to improving the efficiency and competitiveness of the Nigerian economy,” he concluded.
Source:Punch
February 23, 2023 00:34 UTC
In preparation for the presidential and national assembly elections scheduled for February 25, the Independent National Electoral Commission (INEC) commenced the distribution of sensitive election materials to its local government offices. Eyewitnesses in Cross River, Calabar, revealed in a video that INEC has already started sending election materials to the right places as of Wednesday, 22 February 2023. Recall that on Monday, the Independent National Electoral Commission (INEC) in Edo State disclosed that it will commence the distribution of sensitive election materials to its local government offices across the state on Wednesday. More details to comeREAD ALSO FROM NIGERIAN TRIBUNE
Source:Nigerian Tribune
February 22, 2023 22:07 UTC
The Financial Secretary of the National Association of Nigerian Travel Agents and Chief Executive Officer of Dart Logistics Limited, Mr Yinka Ladipo, has called on foreign airlines operating in Nigeria to make available lower airfares to Nigerians. In a telephone interview with our correspondent on Monday, he urged the Federal Government to make the foreign exchange to available foreign airlines to enable them to repatriate trapped funds and encourage them to lower their airfares. According to him, the inability of foreign airlines to repatriate their funds has seriously affected the travel agency business, resulting in a hike in airfares. “I think I would blame the foreign airlines and the FG for the issue of the hike in airfares. “These airlines made sure Nigerians do not have access to lower fares, not that they increased their fares.
Source:Punch
February 22, 2023 10:56 UTC
The House of Representatives candidate for the Wudil/Garko federal constituency in Kano State under the platform of the New Nigeria Peoples Party, Kamilu Isa, is dead. He died just four days to the presidential, senatorial and House of Representatives elections. In a condolence message to Isa’s family, the presidential candidate of the NNPP, Rabiu Kwankwaso, described his demise as a huge vacuum that could not be replaced. Kamilu Ado Isah, the NNPP House of Representatives Candidate for Wudil/Garko constituency. My condolence to his family, friends and the NNPP Kano Chapter,” he said.
Source:Punch
February 22, 2023 00:28 UTC
How often do you see patients with damaged skin as a result of bleaching creams, soaps, and other ingredients in your clinic? Patients come quite frequently to the skin clinic with adverse effects or complications of skin lightening. In a recent analysis, about 28 per cent of patients seen in one year had dermatological conditions associated with skin bleaching practices. Good skin can be achieved through a healthy diet and lifestyle and by using good skin products in moderation. We are concerned that if nothing is done now, we may begin to see a rise in skin cancer, hypertension, diabetes, and kidney failure cases associated with skin bleaching in the future.
Source:Punch
February 22, 2023 00:01 UTC
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Source:Punch
February 21, 2023 15:12 UTC
Amidst the hardship and crisis that has trailed the central bank’s new naira policy, the President, Major General Muhammadu Buhari (retd. Buhari who said he is fully aware of the hardship argued that the policy is meant to improve Nigeria’s economy. “I am appealing to you to exercise further patience as we take appropriate measures to ease these hardships. “As I mentioned before, Tinubu is a true believer in Nigeria, who loves the people and the development of our country. The President emphasised that the APC presidential candidate has demonstrated his commitment to the development of the country and the well-being of its people.
Source:Punch
February 21, 2023 09:15 UTC
Information available to The Guardian revealed that sometimes last year, a contract was awarded for 40 cars to be purchased for the lawmakers. In the document, there was disparity between the cars for principal officers and floor members. While the principal officers got Toyota Land Cruisers, the floor members got Toyota Prado. While the contract for floor members’ cars was awarded in December, the one for the principal officers was done in January. Interestingly, of the present 40 members of the Lagos State Assembly, 30 are returning lawmakers, with just 10 being new representatives.
Source:Punch
February 21, 2023 01:16 UTC
I knew the late Damilola Osunlakin through Professor Adeshina Afolayan of the University of Ibadan, who introduced him to me to assist with a project on Ijemo, an old township in Abeokuta. I was later told that Temitope Fagunwa, the activist–intellectual at Osun State University,introduced Damilola to Adeshina. He was different: he was not seeking favour but seeking love; he was not seeking objects but emotional connections. Damilola gave me his thesis to read, and I gave him elaborate comments and did line-by-line editing, which I hardly blessed anyone with. His coverage of issues was particularly impressive; even when he had no ready answer, Osunlakin always had a good recommendation on mostsubjects.
Source:Nigerian Tribune
February 19, 2023 20:42 UTC
Nedu Wazobia has been appointed Brand Ambassador for LikePlay. LikePlay is a new dating app and social networking platform designed by Africans, for Africans seeking genuine love and friendship. According to the Co-Founder and CEO, Precious Igalanugor, while talking about the app said, “while there is a high demand for it (love), genuine love is currently scarce. Speaking about the new collaboration, Nedu Wazobia said; “I am always excited when people use technology to solve people problems. I’m glad to be a part of this Africa- first app and look forward to an exciting collaboration with LikePlay”.
Source:Nigerian Tribune
February 19, 2023 18:59 UTC
The governorship candidate of the Peoples Democratic Party in Niger State, Isah Liman Kantigi, has issued a death threat to prospective voters who have the intention to collect his money without voting for him in the general election. Kantigi made the threat while addressing his supporters in a viral video. The PDP candidate was recently in the news after he donated two electricity transformers to Dangana and Duma communities in Lapai. In November, his growing popularity in Niger State was tested after his candidacy was challenged by an aggrieved party member, Sani Idris Kutigi. He was, however, affirmed by a Federal High Court, Abuja, on Thursday, as the valid governorship candidate of the PDP for the 2023 governorship elections in Niger.
Source:Punch
February 16, 2023 06:37 UTC
January’s inflation rate is a 0.48 per cent point increase from the 21.34 per cent that was recorded in December 2022. Prior to December, Nigeria’s inflation rate had been rising consistently for 11 months. In its ‘Consumer Price Index’ for January 2023, the national statistics body said, “In January 2023, the headline inflation rate rose to 21.82 per cent compared to December 2022 headline inflation rate which was 21.34 per cent. “Looking at the trend, the January 2023 inflation rate showed an increase of 0.47 per cent points when compared to December 2022 inflation rate. According to the CBN, its naira redesign policy will help control inflation.
Source:Punch
February 15, 2023 22:44 UTC
Canadian artiste, Audrey Graham popularly known as Drake, has hit back against a subpoena ordering him to appear for a deposition in the murder trial of the late rapper, XXXTentacion. Last week, Mauricio Padilla, a lawyer to Derek Williams, one of the suit’s defendants, named Drake as a person of interest. The lawyer referenced an Instagram post by the ‘Look at Me’ rapper in which he tagged Drake’s account back in February 2018. In a motion newly filed by Drake’s lawyers, it was argued that the original deposition subpoena was not properly served nor was it properly accepted by the artiste, Rolling Stone reports. His killers also stole a bag belonging to the rapper which contained $50,000 in cash.
Source:Punch
February 15, 2023 07:47 UTC