Court backs CBN, directs banks to collect customer’s social media handles

Justice Nnamdi Dimg alt=’Court backs CBN, directs banks to collect customer?s social media handles’ class=’img-responsive text-center’ style=’margin: auto;’ba of the Federal High Court, Lagos, has upheld a new Central Bank of Nigeria (CBN) regulation which requires financial institutions to demand and collect the social media handles of their customers, as part of the standard Know-Your-Customer procedure.   In a ruling on Wednesday, May 15, the presiding judge, Justice Nnamdi Dimg alt=’Court backs CBN, directs banks to collect customer?s social media

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N35m recovered from robbers who raided Edo banks

Thirty-five million Naira has been recovered from the armed robbers that raided 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 rail line, forcing the robbers to abandon their cash-laden vehicles off the rail line and flee in motorcycles.   The vehicles and cash have been recovered and the money that was

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See what Fresh Prince of Bel-Air stars Karyn Parsons and Ashley Banks look like 30 years later as they reunite and recreate their old photo

Fresh Prince of Bel-Air stars recently reunited for a Fresh Prince of Bel-Air reunion special and it was an emotional moment. At the reunion, Karyn Parsons, who shot to stardom when she was only 26 years old after she landed the role of Hilary Banks in the classic ’90s family sitcom, reunited with Tatyana Ali, who starred as her little sis, Ashley Banks, and they recreated a photo taken 30 years ago.     Karyn Parsons shared the screen with an epic cast including Alfonso Ribeiro as

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Dismiss calls for independent investigation of AfDN chief Akinwumi Adesina

The Federal Government of Nigeria has thrown its weight behind the President of the African Development Bank (AfDB) Dr. Akinwumi Adesina, following calls by the United States of America for an independent investigation against him.    Recall that while Adesina was cleared of allegations of embezzlement, preferential treatment of Nigerians in senior appointments and promoting people accused or found guilty of fraud and corruption by an ethics committee of the bank, US Treasury Department dismissed it and also wrote a letter urging

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I’m innocent of the trumped up allegations leveled against me- African Development Bank’s president, Akinwunmi Adesina says

Akinwunmi Adesina, the President of the African Development Bank (AfDB), has denied all the allegations of wrongdoing leveled against him by some staff of the bank   In January, some staff of the AFDB had accused Adesina of 20 breaches of the bank’s code of conduct, including “unethical conduct, private gain, an impediment to efficiency, preferential treatment, and involvement in political activities”.   The bank’s ethics committee carried out an independent investigation headed by Takuji Yano and cleared Adesina, insisting he was not

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10 Reasons Why Nigerians Love Sterling Bank’s New App

There are apps and there are apps. If you are Nigerian, then you know that we are a people who always go for value. The question is always, “Where can I get the best of it all?” And this is valid. Everyone deserves a solution that is one-stop; in this case, an app that solves all banking needs in one place. Sterling Bank has just introduced the OneBank App and these are the reasons Nigerians are excited about it.  

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