South Africa’s net foreign reserves fell to $43.906 billion in July from $43.940 billion in June, the Reserve Bank said on Wednesday. The central bank data also showed that gross reserves declined to $49.360 billion at the end of July from $49.804 billion in the prior month. The forward position, which represents the central bank’s unsettled or swap transactions, rose to $539 million in July from $376 million in June. (Reuters/NAN) Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Like this:Like Loading… ABUJA MAN REVEALS (FREE) SECRET FRUITS THAT INCREASED MANHOOD AND LASTING POWER IN 7DAYS… … >>> Read Full Story
Policemen on patrol
The Police Command in Anambra said it had arrested an armed robbery suspect, Sunday Onyema, and recovered Police Barreta pistol from him at Upper Iweka in Onitsha.
A statement issued in Awka on Wednesday by Mr Haruna Mohammed, the Command’s Public Relations Officer, said the arrest was made in Onitsha on August 7.
Mohammed said that men of “Operation Puff-Adder on Aug. 7, 2019 at about 6.47 a.m. in conjunction with patrol team attached to operation Kpochapu caught one Sunday Onyema during a Stop and Search Operation.
He said that the combined team intercepted a bus with registration number UKP108ZU coming from … >>> Read Full Story
Access Bank Plc has extended its loyalty reward scheme, Diamondxtra to customers who open accounts using its USSD channel (*901#).
The bank disclosed this in a statement yesterday.
The scheme rewards 10 customers with N1 million each in its monthly draws, while the rewards for the quarterly draw include Salary4Life (N100,000 every month for 20 Years); education allowance for five years (N100,000 every month for 5 years); rent for a year (N1,000,000).
While other cash prizes are N1,000,000 for six lucky winners; N500,000 for 15 lucky winners; N100,000 for 45 lucky winners, N50,000 for 300 lucky winners; N20,000 for 300 lucky winners; N10,000 … >>> Read Full Story
Story Written By: by Emmanuel Okogba
By Wole Mosadomi
Minna—Former Military President, General Ibrahim Babangida (retd), has described Nigeria as complex and difficult entity to manage.
Former military head of state, General Ibrahim Babangida
Babangida stated this in his uphill residence in Minna when the leadership of Peoples Democratic Party, PDP, minority caucus of the House of Representatives, led by Ndudi Elumelu, paid him a visit, yesterday.
Consequently, he called on the legislators to perform their responsibilities honourably and diligently to make the country one entity.
Babangida, who said he had been following recent developments in the country, noted: “I am passionate in observing what is going on in … >>> Read Full Story
Story Written By: Agency Report, Jerry Emmanson
Delta State Governor, Senator Dr Ifeanyi Okowa has urged Nigerians to always pray for God to intervene in the affairs of the nation.
He made the call on yesterday when members of the National Officers of the Anglican Youth Fellowship of Nigeria (AYFN) paid him a courtesy visit in Asaba.
The governor observed that the country was facing a lot of challenges that can only be solved through the intervention of God.
He said, “as we study the Bible and get closer to God, our prayers for Nigeria is necessary because, this is a very difficult period in our nation’s life; we need to continue … >>> Read Full Story
Cape Town based Nigerian Christiano Ogbeifun arrested for dating scam
A Nigerian Christiano Ogbeifun has been charged in South Africa with fraud and money laundering, executed through an online dating scam.
The 48 year-old Nigerian appeared briefly in the Cape Town Magistrate’s Court on Tuesday. But he was not asked to plead.
Hawks will investigate the South African victims who have allegedly been fleeced out of of R1.4million, about $94,000.
Hawks spokesperson Captain Philani Nkwalase said: “Several South African, Swedish and American victims fell prey to the alleged scam.
“We’re working with different authorities and we will investigate the South African victims. There are a … >>> Read Full Story
Keystone Bank Limited has appointed three executive directors as members of its board of directors as part of a strategy to realign its operations for sustained business growth.
The new directors who were appointed at the 49th yearly general meeting of the bank in Lagos recently, subject to the approval of the Central Bank of Nigeria (CBN), are Messrs Tijani Aliyu, Olaniran Olayinka and Lawal Jibrin Ahmed.
According to a statement, the Chairman of Keystone Bank, Alhaji Umaru Modibbo said the promotion of the three former general managers to the position of executive directors was in line with the bank’s corporate governance and culture of … >>> Read Full Story