Author: Tanko Lami
LAGOS, Nigeria (VOICE OF NAIJA)-The Speaker of the Niger State House of Assembly, Abdulmalik Sarkindaji, has unveiled plans to arrange the marriages of 100 female orphans who lost their parents to banditry attacks in Mariga Local Government Area. Sarkindaji made this announcement during a press briefing in Minna, the state capital, on Friday. He committed to covering the dowries for the bridegrooms and has secured all necessary resources for the mass wedding ceremony. The selected girls were chosen from a group of 170 whose names were submitted, Sarkindaji confirmed, although he did not specify their ages. READ ALSO: PHOTOS: Kebbi…
LAGOS, Nigeria (VOICE OF NAIJA)-The International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to terminate the regulatory forbearance granted to Deposit Money Banks (DMBs) during the COVID-19 pandemic. It also warned the Federal Government against proposed amendments to the Act establishing the apex bank, emphasizing the need to preserve the autonomy of the central bank. The Fund’s stance was detailed in the Article IV Staff Consultation Report of the Board of Governors, a global organization document released on Thursday in Washington DC, United States. While the report did not provide details on the waivers granted to…
LAGOS, Nigeria (VOICE OF NAIJA)-The National Identity Management Commission (NIMC) announced on Friday in Abuja that a total of 107.34 million Nigerians have been enrolled in the national identification number (NIN) database as of May 2024. The National Identity Management Director General, Abisoye Coker-Odusote disclosed the updated figures during a press briefing, revealing a notable increase from the 85.6 million recorded in December 2023. Coker-Odusote highlighted that the latest figure represents a 3.2 million or 3.2% rise from the 104 million recorded in December 2023. READ ALSO: FG, NIMC To Launch National ID Card With Payment, Social Features She attributed…
LAGOS, Nigeria (VOICE OF NAIJA) – The International Monetary Fund (IMF) has advised Nigerian government should create a regulatory framework to allow crypto trading platforms to register or get a license to operate in the country. This, was contained in the IMF’s latest staff 2024 article IV consultation report made available on Thursday. IMF stressed the need for the for the country to institute a robust financial regulatory system to checkmate and control the crypto market, safeguarding investors interests and ensure stability. According to IMF, this would curb illegal activities and damages the digital asset would do. “Global crypto trading…
LAGOS, Nigeria (VOICE OF NAIJA) – The National Assembly, composed of the Senate and House of Representatives, have expressed different opinion on the recent 0.5 per cent cybersecurity levy introduced by the apex bank. The disagreement came following a strong condemnation of the levy by Northern Elders Forum (NEF) against the CBN to have imposed the charge on bank customers. The Senate saw nothing wrong with the implementation while the House of Representatives ordered the apex bank to backdown on the process following current economic crisis. According to the Senate, both arms of the National Assembly unanimously passed it before…
LAGOS, Nigeria (VOICE OF NAIJA) – The Lagos Chamber of Commerce and Industry (LCCI), has kicked against the imposed 0.5 per cent cybersecurity levy on e-transactions by the Central Bank of Nigeria. It said that the levy would add to the economic woes already on Nigerians with the current realities in the country. This, was contained in a statement made available by the LCCI Director-General Chinyere Almona, on Thursday. Almona advised the government to withdraw the directive and amend the policy for the office of National Security Adviser as the authority to use the funds for right usage. She said: “By…
LAGOS, Nigeria (VOICE OF NAIJA) – The management of Brickhall School, has announced the closure of the school for a period of one week to commensurate with family of Miguel Ovoke. Voiceofnaija had reported that four-year-old Miguel was declared dead by Excel Specialist Hospital, Abuja. A statement released by the school management Wednesday, stated that the school was thrown into tragedy following the sudden death of the pupil despite the swift response by the institution health expert to save his life. A medical report, signed by Dr. Akinwande Ajayi, on behalf of the medical director, indicated that he was brought…
LAGOS, Nigeria (VOICE OF NAIJA) – The Central Bank of Nigeria has released a comprehensive list of licensed Deposit Money Banks operating within the country. The list, which was made public on the CBN’s official website on Tuesday, provides insights into the banking landscape in Nigeria. Banks with international authorisation include Access Bank Limited, Fidelity Bank Plc, First City Monument Bank Limited, First Bank Nigeria Limited, Guaranty Trust Bank Limited, United Bank of Africa Plc, and Zenith Bank Plc. Commercial banks with national authorisation include Citibank Nigeria Limited, Ecobank Nigeria Limited, Heritage Bank Plc, Globus Bank Limited, Keystone Bank Limited,…
LAGOS, Nigeria (VOICE OF NAIJA) – The Lagos State Government has said its partnership with Niger State is to amplify the production of rice in the state. This was contained in the message outlined by the Special Adviser to the Governor on Agriculture, Dr. Oluwarotimi Fashola, on Tuesday. He said that the Rice Mill Initiative partnership with other states is aimed at sustaining the production and enhance productivity. Fashola, who addressed the audience whilst the state Commissioner for Agriculture, Ms. Abisola Olusanya, was presenting the report of the ministry in Ikeja to mark the first year of Gov Sanwo-Olu’s second…
LAGOS, Nigeria (VOICE OF NAIJA)-The Central Bank of Nigeria (CBN) has announced the suspension of processing fees on cash deposits until September 30, 2024. This decision, communicated through a memo dated May 6, 2024, and signed by the Director of Banking Supervision at CBN, Adetona Adedeji, extends the previous suspension stated in a letter dated December 11, 2023. READ ALSO: CBN Directs Banks To Charge 0.5% Cybersecurity Levy CBN said: “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates…