Connect with us

NEWS

Lagos Pos To Charge N500 On N10,000 Withdrawals

Published

on

Lagos Pos To Charge N500 On N10,000 Withdrawals

 

Lagos State point of sale (PoS) agents are getting ready to roll out a new pricing system that will charge clients N500 for cash withdrawals of N10,000.

 

During an interview on Channels Television’s Business Morning program, the Lagos Chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) disclosed the most recent price list.

 

The purpose of the price list, according to Lagos Chapter Public Relations Officer Stephen Adeoye, is to address pricing irregularities within the sector.

 

Adeoye stated, “Let me tell you the price list, N1000 – N2,400 will be N100 for withdrawal. N3500 to N4000 will be N200; N4,100 to N6,400 will be N300; N6,500 to N7,900 will be N400; N8500 to N10,900 will be N500; N11,000 to N14,000 will be N600; N14,500 to N17,900 will be N700; N18,000 to N2000 will be N800 for withdrawal.”

 

He further added that agents will be allowed to charge N100 for deposits and transfers ranging from N1,000 to N4,900, N200 for amounts between N5,000 and N10,900, N300 for N11,000 to N20,900, N400 for N21,000 to N30,900, N500 for N31,000 to N40,000, and N600 for N41,100 to N50,000.

 

The Association’s chairman, David Abiodun, shared the new price list with executives during a symposium, with the intention of curbing excessive charges imposed by certain agents. Adeoye emphasized the need for all agents to prominently display the price list at their locations to ensure transparency for customers.

 

Regarding enforcement, Adeoye explained that the association has a strong relationship with the Lagos State Command of the Police Force and local Divisional Police Officers (DPOs). They plan to establish a task force in each zone to collaborate with law enforcement in enforcing the new pricing structure.

 

Adeoye further highlighted the association’s registration process, stating that registered members have unique numbers and certificates, and they maintain a close relationship with the Central Bank of Nigeria (CBN) in both Lagos and Abuja.

 

The AMMBAN uses its network of zones inside local governments and its website, where members are required to register, to make enforcement a simple process.

 

The association’s participation in gatherings centered on financial inclusion and its dedication to maintaining honest pricing practices are in line with this proactive approach.

NEWS

Kano Businessman’s Daughter Kidnapped After ₦8m Ransom Payment

Published

on

In a shocking incident on Sunday morning, unknown gunmen suspected to be kidnappers invaded the home of Alhaji Auwal, a prominent businessman, in Garo Town, Kabo Local Government Area of Kano State.

The gunmen, estimated to be around 10 in number, forced their way into the residence, breaking down a door to gain entry.

An anonymous source revealed that the attackers were heavily armed, with three carrying firearms and the rest wielding other weapons.

READ MORE: Tinubu Urges Stakeholders To Join Forces To Restart Oil Production In Ogoniland

They quickly gathered the entire family in one room, instilling fear and panic in the household.

According to the source, Alhaji Auwal pleaded with the assailants to spare his family and agreed to meet their demands.

The kidnappers, who were determined to extort money, received ₦8 million from the family.

Despite this payment, the gunmen took the businessman’s eldest daughter, Zainab, a secondary school graduate, before fleeing the scene.

The whereabouts of Zainab remain unknown, and as of now, the kidnappers have not contacted the family.

This abduction comes just 48 hours after the tragic kidnapping and subsequent murder of former Gombe State Permanent Secretary, Atiku Mu’azu, who was killed by gunmen after a ₦10 million ransom was paid.

The two incidents have left the residents of Kano in shock and fear, prompting calls for increased security measures in the area.

Attempts to reach the spokesperson for the Kano Police Command, SP Abdullahi Haruna, for comment were unsuccessful as his phone remained unreachable.

Authorities have yet to make any official statements regarding the investigation.

Continue Reading

International News

Colombia Blocks US Deportation Flights Over Migrant Treatment

Published

on

In a bold move, Colombian President Gustavo Petro declared on Sunday that he would not allow US deportation flights carrying Colombian migrants to access his country’s airspace.

The left-wing leader took to X (formerly Twitter) to express his strong stance, stating, “The United States cannot treat Colombian migrants as criminals. I forbid entry to our territory to US planes carrying Colombian migrants.”

Petro made it clear that such flights would only be accepted once Washington established a protocol to ensure the “dignified treatment” of deported migrants.

READ MORE: How Trump Plans To Grow American Economy By $1 Trillion Daily

The president later confirmed in a separate post that he had already turned back US military planes that were en route with Colombian migrants on board, although he did not provide further specifics on the matter.

While AFP sought confirmation from US authorities regarding the blockade of deportation flights, no immediate response was forthcoming.

Petro’s statements come just a day after Brazil’s government voiced similar outrage over the treatment of deported Brazilians.

Brazil condemned the US administration under President Donald Trump, citing instances where Brazilian migrants were deported while handcuffed on flights, describing it as a “flagrant disregard” for their basic rights.

In his remarks, Petro emphasized that he would be open to allowing civilian US flights to transport deported migrants as long as they were not subjected to treatment “like criminals,” signaling a broader call for humane treatment of migrants under international deportation policies.

Continue Reading

NEWS

Four Dead, Many Injured As Explosion Rocks Niger State Mining Site

Published

on

An explosion at a mining site in Sabon Pegi, Mashegun Local Government Area of Niger State, claimed the lives of four individuals and left several others injured on Sunday morning.

The blast occurred as miners resumed operations, sending shockwaves through the community.

While the exact cause of the explosion remains undetermined, local residents have pointed to the poor handling of explosive devices by mining companies as a possible factor.

READ MORE: Thisday Awards: Diana Ross Arrives In Nigeria

The incident has sparked concerns about safety practices within the mining sector.

Community sources confirmed the recovery of four bodies, but authorities fear the death toll could rise.

Investigations are ongoing to establish the cause of the blast and assess the full extent of the damage.

One resident, Aminu, described the chaos that followed the explosion. “The sound was so loud that many of us thought it came from the hydroelectricity dam nearby. People panicked and ran into the bush for safety,” he recounted.

Another community member highlighted the potential role of mining operations in the tragedy.

“Mining companies here frequently use explosives during their activities, and this seems like an operational issue, not something related to terrorism,” the resident said, dismissing concerns about a security threat in the area.

As of the time of reporting, neither the state government nor security agencies have released an official statement regarding the explosion.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.