A total volume of 2,781,526,188 transactions valued at N319.99trn was recorded in the third quarter of this year based on data on electronic payment channels in the Nigeria banking sector, the Nigerian Bureau of Statistics has said. It disclosed this in its latest Selected Banking Sector Data which focused on sectorial breakdown of credit, e-payment channels and staff strength of Deposit Money Banks. The bureau said Real Time Gross Settlement transfers dominated the volume of transactions recorded. RTGS systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to any other bank on a real-time and on a gross basis. The NBS said 1,799,199 volume of online transfer transactions valued at N116.06trn were recorded in Q3 2020. In terms of c...
Cable News Network, Inc. (CNN) has protested against its invitation by the Lagos Judicial Panel of Inquiry to appear before it on Saturday, December 12, 2020, (today), over the alleged killing of peaceful #EndSARS protesters by soldiers in October. The news outfit said the panel does not have the jurisdiction to summon its staff to testify before it because they are not in Nigeria. The panel had invited CNN following its two-part report on the Lekki shooting incident. The report had claimed that Nigerian soldiers shot at and killed peaceful #EndSARS protesters on the night of October 20 at the Lekki toll gate, Lagos. According, the objection file by CNN’s Lawyers, Messrs. Olumide Babalola LP and dated 4th December 2020 at the Tribunal on December 9, 2020, stated that the panel is bereft of...
Ghana have ended their group stage campaign at the ongoing Wafu B Cup of Nations in Benin with a 1-0 loss to Ivory Coast but will still progress to the next round of the competition courtesy of a 1-0 victory over Nigeria on the last matchday. Kossi Nguessan’s second-half free-kick proved the separating factor at Stade de Gaules in Porto Novo on Saturday. The Black Satellites ultimately finished second in a three-team group, setting up a semi-final date with Niger. The 2009 world champions had already booked the qualification to the next round of the championship before Saturday’s last group game, having amassed vital three points in their first game against archrivals Nigeria. Ghana coach Abdul Karim Zito made five changes to his starting line-up for Saturday’s game, bringing on Alhassan U...
One company, however, has not only avoided layoffs completely but actually hired more than 50 executives in the last two months to assist with a growing portfolio of venues and development initiatives. The Oak View Group, founded by former AEG chief executive Tim Leiweke, has been a quiet but persistent force for prosperity and economic development during the pandemic. Launched in 2015 along with Leiweke’s partner Irving Azoff, OVG is overseeing $4.5 billion in arena development projects across the world, including in Austin, Texas. There, the company made its most recent high profile hire, announcing that Casey Sparks, who previously managed the BOK Center in Tulsa, Oklahoma for ASM Global for six years, was joining the company. Sparks will serve as vp of OVG Austin and assista...
A new round of British sanctions against Russian individuals over alleged human rights abuses in Chechnya is “unfounded” and Moscow may retaliate, the Russian Foreign Ministry said on Saturday. “Undoubtedly, this politically-charged demarche will have a negative impact on Russian-British interstate relations,” the ministry said, adding Russia “reserves the right to take appropriate countermeasures.” Britain said on Thursday it was imposing sanctions on 11 individuals, including security figures and officials from Russia, Venezuela, Pakistan and Gambia, in a coordinated move with the United States on human rights violations. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giv...
U.S. slams China over Jimmy Lai’s trial
U.S. State Secretary Michael Pompeo has slammed China for charging Hong Kong media mogul, Jimmy Lai, under the draconian National Security Law and demanded that charges must be dropped. Pompeo further accused the Chinese Communist Party of its authoritarian rule and said that China was making a mockery of justice in the region. “Hong Kong’s National Security Law makes a mockery of justice. @JimmyLaiApple’s only “crime” is speaking the truth about the Chinese Communist Party’s authoritarianism and fear of freedom. “Charges should be dropped and he should be released immediately,” Pompeo tweeted. Jimmy is set to appear in West Kowloon Court on Saturday after being charged with colluding with foreign powers under the Beijing-imposed national security law. The offence carries a maximum penalty...