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Friday, 30 October 2015
All Nigeria Banks Set To Adhere To CBN BVN Deadline
The Central Bank of Nigeria (CBN) has ruled out another extension for bank verification numbers (BVNs) which expires today.
This means that those unable to register by the close of work on Friday would not be able to operate their accounts.
The Central Bank of Nigeria (CBN), in collaboration with the Bankers’ Committee had introduced the BVN on February 14, 2014.
The initiative was to ensure unique identity for all bank customers and other users of financial services in the country by the use of the customers’ biometrics as means of identification.
Meanwhile, data from the Nigeria Interbank Settlement System Plc (NIBSS), showed that 20,833,635 bank customers had enrolled as at October 25, 2015.
“Given the tradition of multiple accounts holding by an average Nigerian, which could be conservatively estimated at about two or three per an account holder, therefore, it could be safely assumed that over 40 million accounts might have been enrolled to BVN,” the central bank explained on Thursday.
“It is evident that there has been less pressure in banking halls across the country which goes to buttress the fact that a greater percentage of account holders have been enrolled with the exception of those yet to link their accounts to their BVN,” the CBN added
PDP Senators Stage Walk-Out As Senate Cofirms Amaechi As Minister
Senators elected under the platform of the Peoples Democratic Party, PDP, on Thursday staged a walk-out during plenary when it became obvious to them that the majority All Progressives Congress lawmakers were bent on having Rotimi Amaechi confirmed as Minister of the Federal Republic.
It would be recalled that during the nominee’s screening, PDP caucus in the Upper Chambers had refused to ask the former Governor of Rivers State questions.
In today’s plenary, the PDP lawmakers had argued that the court of law must first clear Amaechi of the weighty allegations brought against him by the Rivers State government before he is confirmed by the Senate and that the report of the Committee on Public Petitions, Ethics and Privileges which did not favour Amaechi’s confirmation was in consonance with the rules of the Senate.
They also argued that once there is a matter pending before a competent court of law, the Senate had no right to act on it.
The APC lawmakers however rejected the report of the Committee in view of the fact that a case is pending against Amaechi at a competent court of law and as such, his confirmation must not be affected by an unproven allegation.
A motion raised by the Senate Leader, Ali Ndume was however not seconded by the Minority Leader, Godswill Akpabio, who insisted that the PDP lawmakers would first express themselves before seconding Ndume’s motion which clearly overruled the recommendations by the Committee.
However, shortly before the confirmation, the PDP senators staged a walk-out led by their Leader, Senator Godswill Akpabio. This happened after it became obvious that the Senate President was going to put a question on the recommendation of the committee.
Five Deputy Comptroller General of the Nigeria Customs Service Handed Resignation
mancity Kelechi iheanaco handed call up
Wednesday, 28 October 2015
Sunday, 14 December 2014
New miss world emarge: it African Turn Again
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Miss South Africa wins MissWorld 2014 pageantMiss South Africa Rolene Strauss has won the Miss World 2014 pageant. Miss Hungary and Miss US were 2nd and third runners up respectively
Fuel scarcity looms as oil workers threaten strike action from tomorrow
It appears another episode of petroleum scarcity is about to hit Nigerians as members of thePetroleum and Natural GasSenior Staff Association [PENGASSAN] andtheir counterparts in the National Union of Petroleum and Natural Gas Workers [NUPENG], are set to begin a nationwide strike starting fromtomorrowMonday December 15th.According toPremium Times, the oil workers are heading for a strike action due to unresolved labor issues with the federal government, underfunding of the Petroleum Training Institute in Delta state as well as the yet to be passed Petroleum Industry Bill PIB."We (the oil workers) have sufficient reasons, based on information available to us, to believe that the law makers are not prepared to pass the law, even as the stateof the country’s petroleum industry has continued to deteriorate as a result of the absence of a regulatory and legal framework for the industry,” an official of the petroleum workers body said.The oil workers are said to also be aggrieved over the decision of the management of Total Nigeria to sack the PENGASSAN zonal Secretary in Port Harcourt as well as thelack of promotion for workers of the Petroleum Trust Development Fund (PTDF).
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