The State government advised banks that have continued to place Post No Debit, PND, on Abia State accounts to immediately resume financial transactions with the State or have their branches sealed in the State. Gov Okezie Ikpeazu Gov Okezie Ikpeazu of Abia State has threatened to seal banks withholding the State funds. The State government … Read more
The Federal Government has announced it has approved 173 digital lending applications to operate in Nigeria. According to the Federal Competition and Consumer Protection Commission (FCCPC), it has given conditional authorisations to 54 loan applications while 119 got full approvals. The move by the FCCPC comes after years of harassment and cyber … Read more
Nigerian musician Reekado Banks has reacted to the latest joint album of Mavin Records, released to commemorate the record label’s 10th anniversary. Reekado Banks, who was once signed to the record label, shared his thoughts on social media days after the body of work, ‘Chapter X,’ was premiered on all digital streaming and music sales … Read more
‘Ozumba Mbadiwe’ crooner, Ayoleyi Hanniel Solomon, professionally known as Reekado Banks, has announced the death of his mother, Dorcas Solomon. The 28-year-old made the announcement in an Instagram post, calling on the general public to pray for his family. The post read: “It is with Heavy heart that we announce the passing of our wife, … Read more
File photo: IPOB members Fresh observations have shown that the weekly Sit-at-Home Order compliance in Owerri, Imo State, on Monday, witnessed a new twist as roadside trading boomed, according to The PUNCH. Unlike before when the state capital was literally deserted on Mondays, there were vehicles on the roads with buying and selling on … Read more
The Central Bank of Nigeria have issued a warning to banks across the country to implement enhanced measures on existing accounts and transactions related to the Benin Republic. In a circular dated April 11 and signed by Asuquo Evelyn, director of banking supervision department, it was stated that the directive became necessary following intelligence reports … Read more
New body, who dis? Erica Banks has the gworls in a tizzy after revealing that she got her body done in a viral Instagram Reel trending across social media. In the video, she admits to getting bodily enhancements (that actually look natural) while giving fans a peek into her sun-splashed LA vacation. This comes after … Read more
Tyra Banks used to be a slim and trim supermodel. She still as gorgeous as ever . . . but she’s now a big girl. MTO News has been hearing reports for months about Tyra’s recent weight gain. And according to one Los Angeles insider who knows Tyra, she’s now “as big as Lizzo.” Lizzo … Read more
Activities were brought to a halt on Monday in Owerri due to sit-at-home order. According to Punch, Owerri was a shadow of itself on Monday as banks, schools, marketplaces and other business outlets were shut owing to heightened insecurity in the state. A large number of residents also stayed indoors for fear … Read more
The failure of the governent of President Muhammadu Buhari to address the economic, energy and oil crisis is rubbing off on businesses in Nigeria. This is as the cost of diesel nears N800 per litre, while many buy fuel as high as N300/400 per litre. As a result, the Manufacturers Association of … Read more
Japan will freeze assets held by four more Russian banks in another round of sanctions in response to Russia’s invasion of Ukraine, Finance Minister Shunichi Suzuki said on Thursday. Japan’s latest round of sanctions followed the announcement by members of the European Union (EU) on Wednesday to exclude seven Russian banks from the SWIFT messaging … Read more
Visa and Mastercard have removed Russian banks and financial institutions from its network. This is as the payment networks tried to comply with the sanctions imposed by governments on Russia for its invasion of Ukraine. “Our Cyber & Intelligence and Corporate Security teams are working with governments and partners around the world … Read more
How to access up to N500 Million SME Loan from Nigerian Banks can be accessed below. Newsonline understands that getting capital is a major problem for SMEs, particularly in Nigeria, the poverty capital of the world. However, the bank may still be the best bet to access quick and easy loans for the segment which … Read more
The sum of Thirty-five million Naira has been recovered from robbers that invaded four banks in Uromi, headquarters of Esan North-East Local government Area of Edo State on Thursday, February 24. According to reports, shortly after the robbers fled the scene, Ubiaja youths were able to block Ubiaja Road by the … Read more
N35M Recovered From Armed Robbers Who Raided Edo Banks The sum of Thirty-five million Naira has been recovered from robbers that invaded four banks in Uromi, headquarters of Esan North-East Local government Area of Edo State on Thursday, February 24. According to reports, shortly after the robbers fled the scene, Ubiaja youths were able to … Read more
Six persons were killed following the gunmen attack on commercial banks in Uromi, Esan North East Local Government Area of Edo State, a police official said. An armed robber has been spotted carting away money from one of the commercial banks during robbery yesterday. Recall that the robbery operation took place in Uromi area … Read more
Videos have surfaced showing the moment armed robbers invaded banks in Edo state yesterday. It was gathered that at least 15 persons were killed in the robbery which took place on Thursday in Uromi community, Esan North-East Local Government Area of Edo State. Earlier reports had it that no fewer than five persons, … Read more
CBN has moved to ban the sale of dollars (forex) to commercial banks by the end of 2022. NewsOnline reports that the Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. ALSO: JAMB Introduces Self-Registration For UTME/DE 2022 … Read more
Afrobeat star Femi Kuti will be performing at the 2022 AfroFest set to hold in Toronto Canada. Femi announced this in an Instagram post on Thursday. The 59-year-old will be performing alongside Tabou Combo (Haiti), Nyboma and Dally Kimoko (Dr Congo), Jan Prayzan (Zimbabwe), Daphne (Cameroon), Black Stars (Ghana), Stelle (Jamaica), Bennie Gunter ( Uganda) … Read more
Singer, Ayoleyi Solomon, better known by his stage name Reekado Banks, has dropped the remix version of his song ‘Ozumba Mbadiwe’ which features ‘Peru’ star Fireboy. Banks made the announcement on his social media platforms on Thursday night. “Got Fireboy on Ozumba Mbadiwe and he did serious damages. Remix out midnight,” he wrote on Twitter … Read more
Lagos State High Court sitting in Osborne, Ikoyi has ordered all banks to disclose all investments including fixed deposits, treasury bills and cryptocurrency in the name of Global Holding Company Limited and Imagine Global Solutions Limited. Founders of the companies, Bamise and Elizabeth Ajetunmobi, are wanted for allegedly defrauding Nigerian investors of N18.8 billion. Justice … Read more
Actor Kunle Afod has mourned veteran actor Tafa Oloyede who died on Tuesday, February 1. In an Instagram post on Wednesday, Kunle stated that he was devastated and shocked over the death of the veteran. He said: “When I heard about your death I was shocked and devastated… for close to 3 hours I was … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. Wema Bank may have a serious challenge withstanding the shocks Nigeria’s fragile economy might throw up as it is currently struggling with a liquidity squeeze. It was gathered that the third-quarter financial result of the bank … Read more
Wema Bank, one of Nigeria’s troubled lenders is battling heavy liquidity crisis despite distraction with the Davido ambassadorship curve. The bank had in November 2021, splashed N1 million to musician, Davido, transgressing the Buhari regime’s ban on the microblogging site. “We heard your GOAT called our name. Well… #ALATgoals #ALATmakessmile. #30BG #30billiongang,” Alat, a digital … Read more
![cbn removes atm maintenance fee cuts other bank charges full list CBN Removes ATM Maintenance Fee, Cuts Other Bank Charges [FULL LIST] — Legit Naija](https://i0.wp.com/www.legitnaijanews.com/wp-content/uploads/2022/01/cbn-removes-atm-maintenance-fee-cuts-other-bank-charges-full-list.jpg?fit=640%2C465&ssl=1 "CBN Removes ATM Maintenance Fee, Cuts Other Bank Charges [FULL LIST] — Legit Naija")
CBN Approved Bank Charges CBN has removed ATM maintenance fee, the apex bank also reduced other bank charges. Newsonline reports that the Central Bank of Nigeria (CBN) led by Godwin Emefiele, has reviewed charges and rates for banking activities in the country. SEE ALSO: 2022 JAMB General Entry Admission Requirements [UTME & DE] This online news … Read more
Tunde Ayeni For highly controversial Nigerian businessman, John Olatunde Ayeni, popularly known as Tunde Ayeni, it’s been one day, one trouble. The latest in the plethora of his travails is that he has lost another company, Ibadan Electricity Distribution Company (IBEDC) Limited, a DisCo he purchased in 2013, to the Nigerian government, six years after … Read more
The Central Bank of Nigeria (CBN) has released guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and imports. A circular to that effect was issued yesterday by Dr. O. S. Nnaji, Director, Trade and Exchange Department of the CBN. The guidelines will become operational from February 1, 2022. According … Read more
A Federal High Court in Lagos on Wednesday directed the Nigerian National Petroleum Corporation (NNPC), Ministry Of Petroleum Resources and National Petroleum Investment & Management Respondent Services (NAPIMS) from allocating crude oil to Addax Oil Exploration Plc. Justice Tijjani Ringim held that the crude is from that explored /produced from OMLS 123, 124, 126 and … Read more
Music stars Burna Boy, Wizkid, Yemi Aladi, Tems, Kizz Daniels, Naira Marley, Tekno, Rema, Wande Coal, Patoranking, Ckay, will be performing at the AfroNation festival 2022 edition. The artistes will perform alongside other world talents including American star, Chris Brown, Megan Thee Stallion, Bennieman, and Kranium. Other entertainers billed to perform at one of the … Read more
AMCON MD, Ahmed Kuru The Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the managing director of Assets Management Company of Nigeria, (AMCON), Mr. Ahmed Kuru. Kuru was quizzed in connection to alleged diversion of assets. A top official at the anti-graft agency confirmed the development on Wednesday. Kuru has been accused of asset … Read more