Category: Business & Finance

CBN Announces New N100 ATM Transaction Fees For #20,00 Withdrawal 

Admin

      The Central Bank of Nigeria (CBN) has reviewed the transaction fees for Automated Teller Machine (ATM) services, with new N100 charges for N20,000 withdrawal, set to take effect from March 1, 2025.   In a circular signed by John Onojah, the acting director of the Financial Policy and Regulation Department, the CBN stated that the fee adjustment aims to address the rising operational costs and enhance efficiency within the banking sector.   The last time the ATM transaction fees were revised was in 2019 when the CBN…

Read More

Delta State Is Not The Strongest Financial State In Nigeria As Claim By Tilije- NDC

Admin

A pressure group under the aegis of New Delta Coalition, NDC, has faulted the claims by the Delta State Commissioner for Finance, Dr Fidelis Tilije that Delta State is the strongest financial state in Nigeria.     The group in a statement issued and signed by Godwin Anaughe, on behalf of New Delta Coalition, held that the he claim made by Delta State Commissioner for Finance, Chief Fidelis Tilije, that Delta State is the strongest financial state in Nigeria, is a blatant falsehood.   According to the statement, “This egregious…

Read More

Sand Merchants And The Shylock Syndrome

Admin

By Sunny Awhefeada   Humanity is ever susceptible to the changing patterns of reality and existence so that what was once inconceivable could become the norm. The ineluctability of change has continued to push boundaries beyond human imagination. In the course of time, novel phenomena emerge to engender new realities which soon evolve to become a way of life. This new “way of life” will also run its course and get subverted or replaced by another “new way of life” and humanity continues in its ever forward movement. And life…

Read More

Revelation Microfinance Bank Fetes Customers With Christmas Gifts

Admin

      As part of its effort and in line with the spirit of the season, the management and staff of Revelation MFB has fetes their customers with Christmas gifts in Ughelli North Local Government Area of Delta State.     Customers of the Microfinance Banks were gifted with 5kg and 10kg packs of per boiled rice for their loyalty and unwavering support to the financial institution since it’s inception a year ago.   Speaking during the presentation of the items to the qualified beneficiaries, the MD/CEO of bank,…

Read More

Revelation MFB, Bags Top Performing Award In Delta

Admin

A leading financial institution based in Ughelli North Local Government Revelation Microfinance Bank, has bagged an outstanding award as one of the Top-Performing Microfinance Banks in South-South. The award recognizes Revelation Microfinance Bank’s dedication to driving financial inclusion and its commitment to leveraging fintech for its daily operation. The event, which attracted key industry players and stakeholders from the financial sector, aimed to explore growth opportunities through digital innovation and technology. It served as a platform for discussions around the future of financial services, with particular emphasis on the evolving…

Read More

Operators Of POS Lament Vigilante Extortion In Ughelli North

Admin

OPERATORS of Point of Sale commonly known as Pos in Ughelli North Local Government Area,have lamented the alleged continued extortion by vigilante members in the metropolitan areas of Ughelli. They called on the local government chairman to rescue them from the Vigilante members as they could afford to pay revenue to local government and same pay another to the Vigilante. Speaking to newsmen, Mr Ochuko Obuks said, “The Vigilante came with their navy blue Siena vehicle as asked for my receipt and I presented to the one from the council.…

Read More

Anniversary: Revelation Bank Has Created An Enabling Environment Through Soft Loans-CEO

Admin

  The Managing Director and CEO of Revelation Microfinance bank, Mr Okhimamhe Patrick, has revealed that the financial institution has created an enabling environment by granting her customers soft loans to aid their various businesses. Mr Patrick made this revelations in a event to make the one year existence of the microfinance bank since it’s establishment in Ughelli, Delta State. He said, “In our one year of existence, we have given hundreds of millions of loan to people around, we have aided businesses, we have ensure that we are very…

Read More

UQUEN Seeks Jaro Egbo Neutrality In Resolving her Issues With NURTW In Ughelli North

Admin

.…..As Ekete Debunks Allegations   ….Return Back To The Union Olokpa Urges UTQEN Members     The state secretary of Union of Tipper and Quarry Employers of Nigeria, UQUEN, Comr. John Okiemute, has appealed to the Ughelli North Local Government Council chairman, Olorogun Jaro Egbo to be neutral in resolving the impasse between UTQEN and National Union of Road Transport Workers, NURTW, in Ughelli North.   He made this appeal while accusing the Local government council chairman of using his office to suppress the activities of UTQEN in Ughelli North…

Read More

Suspected Armed Robbers Attacks UBA Bank Customer, Injure Three, Cart Away N10M,

Admin

  THE busy commercial metropolis of Ughelli community, Friday afternoon was in commotion as daring suspected armed robbers in a commando style attacked a customer at the premises of a new generation bank along Isoko in Ughelli North Local Government Area of Delta State. It was learned that the robbers armed with guns in a gold coloured Venza had trailed their suspected victim to UBA premises along Isoko road, shot severally into the air before attacking the victim and carting away about N10 million. Our Correspondent gathered that the victim…

Read More

Family Accuses Avwomakpa Of Allege Forgery Of Deed

Admin

  ….Pleads with Oborevwori, Tompolo to ignore Cleric   The Ovwere Family in Ekpan, Uvwie Local Government Area of Delta State, yesterday, took a swipe at the Founder of Christ Missionaries Crusaders Church, Archbishop God-do-Well Avwomakpa, over his claims that the Managing Director of a private oil pipelines security firm, Tantita Security Services Nigeria Limited (TSSNL), Chief Kestin Pondi, trespassed and illegally acquired his land. The Ovwere Family is the landlord to Avwomakpa and other land owners in the areas opposite NNPC Housing Complex Main Gate in Ekpan community. The…

Read More