Politics
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Nigerians Living in South Africa can now Verify their Remitano Accounts using their Nigerian Documents
The Remitano ecosystem is a community built on trust, this is why every Remitano user must complete their KYC to gain full access to the entire features of Remitano. Over time, we realized that a lot of our Nigerian users who have migrated and now live in South Africa are finding it difficult to verify their accounts due to the lack of proper South African documents. As a result of our pledge on continuous improvement, we are now allowing Nigerian traders in South Africa to verify their Remitano accounts using their Nigerian identification documents. South Africa based Nigerians can now use their Nigerian government-issued National Identity card, Driver’s license, international passport, or Voters card to verify their Remitano account despite they no longer live in Nigeria. This is p...
Remitano makes Money Transfer between South Africa and other Countries Easier and Faster with the New “Cash-out” Feature
Due to the ever-increasing volume of money transfers across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for international money transfers. This system will allow South Africans to send and receive Rands (ZAR) from other countries without incurring the high fees charged by most traditional banks and the regular payment platforms. Use the “Cash-out quickly” feature without KYC In its effort to make this amazing system available to everyone, users are not required to go through the hassle of completing their KYC before having access to the cash-out feature. A new user can simply create a Remitano account and immediately send money from South Africa to anywhere in the globe within seconds. The user will simply transfer the funds from the...
DPR to upgrade downstream petroleum sector operations
File Photo The Department of Petroleum Resources, DPR, Tuesday, disclosed that it plans to upgrade operations in the downstream petroleum industry, leveraging on its ongoing automation process. In a statement in Abuja, Director/Chief Executive Officer of the DPR, Engineer Sarki Auwalu, stated that the upgrade would be to global standards and would be driven by its deployment of improved technology. Auwalu, who was speaking at a virtual meeting with members of the Major Oil Marketers Association of Nigeria, MOMAN, in Abuja, noted that the DPR was currently deploying appropriate technology to enhance value for operators and investors alike in the downstream sector . Specifically, Auwalu explained that the DPR had concluded plans to launch the Downstream Remote Monitoring Systems, DRMS, an in...
Court dismisses case against CBN’s directives on bank charges
The Federal High Court sitting in Abeokuta, Ogun State Capital, has dismissed a suit instituted by a legal practitioner, Olumide Babalola, challenging the Central Bank of Nigeria (CBN) policy on Current Account maintenance Fee contained in the Guide to the Charges by Banks and other financial Institutions of January 2020. Babalola had instituted the action in the name of his law firm, Babalola LP, in which he contended that the policy and guidelines of the CBN violated his fundamental human rights. The CBN, through its Counsel, Adeleke Agbola, of Cheakley Chambers, however challenged the suit on the ground that the plaintiff lacked the legal capacity to institute the suit on a policy that affects the public. In his Notice of Preliminary Objection to the Suit, Agbola had contended that the ...
Ex-Golden Eaglets star joins South African side Stellenbosch FC
Former Nigeria’s Under-17 star, Ibraheem Jabaar, has pitched tents with a South African club, Stellenbosch FC. Jabaar, a member of the Golden Eaglets squad that made it to the quarter-finals stage of the 2019 FIFA U17 World Cup, is an exciting addition in attack to Steve Barker’s team. ✍️✅🛅 Deal Sealed. The club is excited to announce the signing of this young Nigerian International who puts pen to paper with #Sfc 🍇 🤝 🇳🇬 Welcome Ibraheem Jabaar (18 y/o)👏 Jabaar is…#ProudlyStellenbosch#StellenboschFC pic.twitter.com/g0Vf7y05nx — Stellenbosch FC (@StellenboschFC) February 9, 2021 The 18-year-old talent joined the South African side from Ijebu United on a long-term contract. Confirming the signing of the Nigerian midfielder ...
Appeal Court president implores female judges to be united
The Court of Appeal President, Justice Monica Dongban-Mensem, on Tuesday, harped on the need for female judges in the country to be united. She stressed that unity amongst female judges is crucial if they must succeed and excel in their career, adding that they are “despised specie”. She gave the charge when a delegate of the National Association of Women Judges in Nigeria (NAWJN) paid her a courtesy visit in Abuja. The delegation was led by the secretary of the association, Justice Esther Lolo of the Federal High Court in Kaduna. Welcoming her guests, the Appeal Court president, who lamented that there was disunity among female judges, said there was need for them to come together in order to be able to help those in need. Justice Dongban-Mensem, a former secretary of the association, rem...
IBM Joins Forces with AFRALTI to Launch a Digital Training Programme in Kenya
Image sourced with Learn Bonds IBM has partnered with the African Advanced Level Telecommunications Institute (AFRALTI) to launch the Open P-TECH for Africa programme. This programme is expected to provide 50,000 Kenyan youth aged 14 to 20 years with access to digital training about emerging tools and technologies designed to help them leapfrog to a better future. Open P-TECH is a free digital learning platform for students (grades 9-14), parents, and educators that supports learners in developing both soft skills and hard skills (including education on cloud computing, artificial intelligence, blockchain, digital thinking and more) to prepare them for jobs of the future. Currently, it has more than 224,000 registered members in 137 countries and is available in nine languages. /* custom c...
Bitcoin or Ethereum – Which Should You Buy in 2021?
Both bitcoin and Ethereum are the two leading cryptocurrencies. This is why investors are getting attracted and a lot of them are making moves to buy bitcoin and Ethereum. It is an undisputed fact that two projects have great potential. Bitcoin is the first and largest decentralized virtual currency and has been in existence for over 11 years. Satoshi Nakamoto launched Bitcoin in 2009 to help alleviate the economic crisis that conventional banks caused across the globe. Since the creation of Bitcoin, it has helped make transactions easier, faster, and cheaper. Over the years, there have been different speculations by naysayers that the cryptocurrency market will crash soon, on the contrary, the crypto market has been waxing stronger as the years go by. Bitcoin, Ethereum, and other cr...
MTN to Sell R1,8 Billion Stake in Belgian Telco, BICS
Sourced from Business Tech MTN Group has announced its plans to sell its 20% stake in Belgacom International Carrier Services SA (BICS) to Proximus NV/SA for approximately R1,8 billion. The telco is expected to use this to pay down US dollar debt. BICS was classified as a non-current asset held for sale and this transaction has resulted in a remeasurement of its carrying value resulting in a reduction of R397 million for the year ended 31 December 2020. According to MTN, it will record a profit on disposal amounting to approximately R1,2 billion during the first half of 2021. The closing of the sale is dependent on customary regulatory approval. MTN Launches Supersonic AirFibre in South Africa MTN has launched its Supersonic AirFibre offering in South Africa. The product is said to overcom...
President Buhari writes Senate, seeks confirmation of service chiefs
President Muhammadu Buhari has written formally to the Senate for the confirmation of the appointment of the newly appointed Chief of Defence Staff (CDS) and service chiefs. He has also sought the consent of the upper legislative chamber for the appointment of the former Chief of Defence Staff (CDS), General Gabriel Olonisakin (rtd) and erstwhile service chiefs as non-career Ambassadors. The two separate confirmation request letters were read on Tuesday at the resumption of Senate plenary after the Christmas break by the President of the Senate, Dr Ahmad Lawan. The first letter dated January 27, 2021 read in part: “In compliance with the provisions of Section 18(1) of the Armed Forces Act. Cap A20 Laws the Federation of Nigeria 2004, I hereby forward for confirmation by the Senate, the app...
Nigerian legislature poorest in the world – Reps spokesperson
The Spokesperson of the House of Representatives, Benjamin Kalu, on Tuesday said the National Assembly is the poorest parliament in the world. Kalu stated this while responding to a question on the status of investigative reports and alleged compromise of the lawmakers on some of the reports. He refuted the claims of compromise and blamed COVID-19 for the delays on consideration of the reports. Kalu added that the lawmakers are falling sick due to pressure from constituents making financial demands. “As per being compromised, you would have seen it on the lawmakers. This is the poorest parliament. You don’t see the lawmakers living in luxury. Compromised with what? With position or money? These guys are suffering,” Kalu said. “That is why most of the sickness they are passing through are h...
Court dissolves marriage over husband’s alcohol addiction
India TV An Ile-Tuntun Customary Court in Ibadan on Tuesday dissolved a 14-year-old marriage between a hairdresser, Morufat Erioye, and her husband, Ahmed, on the grounds that the man was addicted to alcohol. In her petition, Ms Erioye also accused her husband of infidelity. Delivering judgment, the president of the court, Henry Agbaje, said he dissolved the marriage for peace to reign. Mr Agbaje awarded custody of the two children to Ms Erioye and ordered Mr Ahmed to pay N10,000 monthly as child support. The arbitrator also ordered Mr Ahmed to be responsible for their education. In her petition, Ms Erioye said: “Ahmed told me that he had stopped drinking but I caught him drinking on many occasions. “He beats me whenever he is drunk. He also sleeps with all sorts of women. Ahmed is an irre...
