Year: 2024
-
Banks Issues Directive To Banks Over Cash Deposits
The Central Bank of Nigeria has directed commercial banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024, signed by its Director of Banking Supervision, Adetona Adedeji. Customers of some of the Deposit Money Banks raised concerns that the banks have begun…
-
LASU Law Students Defeat UI, EKSU, FUNAAB, Others To Emerge Winner in National Competition
Law students from the Lagos State University, LASU, have defeated their counterparts in other higher institutions to emerge winners of the National Inter Faculty Competition. The competition which attracted participants from universities across the country, was organised by the Redeemers University in Osun State. This was revealed by the LASU handle on X on May…
-
CBN Directs Banks To Start Charging Customers Cyber Security Levy, Exempts 16 Transactions
The Central Bank of Nigeria, on Monday, directed banks and other financial institutions to start charging a cybersecurity levy on all banking transactions. PUNCH Online reports that, according to the circular, the implementation of the levy would start in two weeks. The circular read in part, “Following the enactment of the Cybercrime (Prohibition, Prevention, etc)…
-
JAMB Introduces New Channel To Accept or Reject Admission Offer
In a practical move to stop the tide of abuses associated with the process of accepting admission by candidates through which some elements of no commercial values exploit helpless candidates, the Joint Admissions and Matriculation Board (JAMB)has introduced a new channel for accessing this service. The Board stated this in its weekly bulletin sighted by…
-
NERC Approves Reduction of Electricity Tariff For Band ‘A’ Customers
The Ikeja Electricity Distribution Company has reduced the electricity tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission (NERC). Olufadeke Omo-Omorodion, the spokesperson for the IKEDC, disclosed this to our correspondent in a notice on Monday. According to the notice, the downward tariff…
-
Naira Depreciates by N130 Against Dollar in 24 hours
The Naira depreciated by N130 against the United States dollar at the parallel foreign exchange market on Sunday. A Bureau De Change operator, Mistila Dayyabu, disclosed this in an interview. He noted that Naira dropped to N1,420 per dollar from N1,290 in less than 48 hours at the parallel market. “The Naira depreciated to N1,420…
-
2024 UTME: Pure Water Hawker Scores 309, Bags Scholarship
A pure water hawker identified as Ugwu Augustus, has reportedly scored 309 and secured a full scholarship into the university after scoring 309 in the 2024 Unified Tertiary Matriculation Examination. Alex Onyia, the founder of Educare, an organisation that prepares candidates for UTME, revealed that Augustus left school two years ago. He added that he…
-
Underbridge Tenants: Lagos Govt Uncovers Identity of Ring Leader
Vanguard News Lagos State Government has identified the ring leader who rented out the Dolphin Estate Under-Bridge apartments to tenants as “Mopol,” even as it intensified efforts for arrest. This came as the state government revealed that out of 450 miscreants rescued at weekend, 79 have been absorbed into some government facilities for rehabilitation after…
-
2024 UTME: Parents, Teachers React To 77% Failure Rate
Punch Newspaper Parents and teachers of candidates who registered for the 2024 Unified Tertiary Matriculation Examination have bemoaned the 77% failure rate recorded by the Joint Admissions and Matriculation Board. On Monday, JAMB said 77% of the 1,842,464 candidates whose 2024 UTME results were released, scored less than 200 out of 400. However, some parents…
-
17-year-old Yahoo-Boy ‘Wows’ EFCC’s Boss After Displaying Cyber-Intellect in His Lagos Office
The Chairman of the, Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has promised to contribute his quota to the education of youngster whose cyber intellect is relatively enviable provided he is ready to retrace his questionable step. Olukoyede, stated this at a press briefing on Tuesday at the commission’s headquarters in Abuja . He…