Telecommunications giant, Globacom, together with fintech platform, PalmPay have announced the commencement of a new promotion campaign, “PalmPay Bonanza – Recharge Glo and Win,” The promo will enable Nigerians who purchase Glo data and airtime bundles via the PalmPay platform opportunity to win exciting rewards. Every week, from July 21 to September 14, there will be a live raffle, broadcasted on PalmPay’s social media channels, awarding physical prizes to lucky users who have transacted with Globacom via PalmPay. It added that prizes include top brand electronic goodies such as Playstation 5, iPhone 14 Pro Max and smart TVs. “At Glo,…
Author: Lilian Azuh
A truck driver, Christopher Godfirst, 22, and six others were on Tuesday, July 25, 2023, convicted and sentenced to prison by Justice Efe Ikponwonba of the Edo State High Court sitting in Benin City for internet fraud. The others are Raymond Imozemhe, 22,( who impersonated Tom Cruise, a popular Hollywood Star), Christian Okafor, Jimmy Emmanuel, Oritseweyinmi Allen Poto, Osapamwan Destiny Gaius and David Oghneyerivwo Ighere. Their journey to prison began following their arrest for involvement in internet fraud. The defendants admitted to the crime and were subsequently arraigned on one count charge each bordering on fraudulent impersonation and possession…
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25 basis points to 18.75 per cent. The Acting CBN Governor, Folashodun Shonubi, disclosed this while reading the communiqué of the fourth MPC meeting of the year on Tuesday. He said, “In summary, the MPR voted to raise the policy rate by 25 basis points from 18.5 to 18.75 per cent.” Addressing journalists at the end of the two-day meeting in Abuja, Mr. Shonubi said the committee voted to adjust the asymmetric corridor at +100 and -300 basis points around the…
Some youths have resorted to burning a banner inscribed with the picture of afrobeats musician, David Adeleke, aka Davido, in an apparent show of anger against a now-deleted controversial music video titled ‘Jaiye Lo’ released by his signee, Olalekan Taiwo, aka Logos Olori. In a 19-second video clip posted on Tik Tok by @deeksaiphonestore and reposted by @sarki_sultan on Twitter, the youths are seen setting ablaze the banner as some onlookers observes them engaging in the act. An inscription on the video hints that the youths were perpetrating the act in the Maiduguri area of Borno State. Commenting on the…
A mild drama played out at the Federal High Court, Lagos between operatives of the Department of State Services and officials of Nigeria Correctional Service as they tussled over who keeps custody of the suspended Central Bank of Nigeria Governor, Godwin Emefiele. Emefiele was arraigned by the Federal Ministry of Justice for illegal possession of firearms and ammunition but was granted bail in the sum of N20m with one surety, following his “not guilty” plea. As the defendant’s lawyers were trying to perfect his bail conditions, a mild drama played out within the court premises between DSS operatives who are fully hooded…
The Delta State National Assembly Election Petitions Tribunal sitting in Asaba, on Monday, sacked the lawmaker representing Aniocha/Oshimili Constituency in the House of Representatives, Ngozi Okolie. The tribunal nullified the election of Okolie, who contested on the platform of the Labour Party, and instead declared the candidate of the Peoples Democratic Party, Ndudi Elumelu, winner of the February 25 National Assembly election. In a 107-page judgment that lasted over five hours, the three-member tribunal, headed by Justice A.Z. Mussa, declared that the LP candidate was wrongfully declared the winner by the Independent National Electoral Commission. The PDP candidate, Elumelu, who…
In the Nigerian banking industry, Wema Bank, Plc is widely acknowledged to be a leader in the realms of innovation and technology, and for constantly seeking to provide seamless financial services to its teeming customers, but is the financial powerhouse a champion of its employees’ best interests? Yes, the most recent testament to Wema’s commitment to establishing a thriving workplace culture is its announcement of a groundbreaking increase in salaries for its staff. This momentous decision not only showcases the bank’s dedication to employee welfare and well-being but should also resonate deeply with its community as ripples of elation have…
Revered Nigerian billionaire, Tony Eluemelu in a recent post on social media expresses excitement following her daughter Oge’s new feat. 21-year-old Oge Elumelu makes her parents proud as she becomes a graduate. She bags a bachelor’s degree from the prestigious London School of Economics and Political Science (LSE). Tony Elumelu, the chairman of the United Bank for Africa Plc (UBA) who is excited took to his verified Insatgram page on Thursday, July 20th, 2023 to share his daughter Oge academic achievement. In the video, billionaire Tony Elumelu is seen in London with his wife, Vivian Elumelu and their children to celebrate Oge…
A popular hotel in Abuja, Nigeria’s capital, Dennis Hotel, has been accused of abandoning Mr. Michael Richard, an employee who went blind following an explosion in the hotel. The 24-year-old Michael was employed as a steward in the foods and beverages department of the hotel located at Plot 9 N’djamena Street, off Aminu Kano Crescent Wuse II, Abuja. He was responsible for setting the table for buffets, arranging cutlery, and clearing them after each meal. His employment was reportedly confirmed on January 29, 2019, making him a full staff member of the hotel. SaharaReporters gathered that on May 10, 2019,…
The Federal Government, through the Federal Competition and Consumer Protection Commission, has issued a cease-and-desist order to Point of Sale operators from conduct that constitutes an infringement of the law. This follows the move by PoS operators, under the umbrella of the Association of Mobile Money and Bank Agents in Nigeria, to fix new prices for PoS transactions. The new pricing model began on July 17, 2023. According to the commission, PoS operators that are found in violation of the order will pay N10m for corporate entities and N1m and, or, a prison sentence of up to three months for…