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Customers in Sango-Ota task banks on sufficient loading of ATMs

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Some bank Customers have appealed to banks around Sango-Ota to load their Automated Teller Machines (ATMs) with sufficient funds in order to make withdrawals easy for them.
They expressed their views in separate interview on Thursday in Sango-Ota.
Mr Tunde Oyerinde, a bank customer, at Joju area, along Lagos-Abeokuta Expressway, expressed displeasure about the inability of most of the banks’ ATMs to dispense money.
Oyerinde, who is a civil servant, said that he had visited one of the commercial banks along Oju-Ore area, but unfortunately none of the banks along this vicinity were dispensing cash.
He frowned that the queues he met at one of the bank’s ATM at Joju area, was unbearable, because he needed to send money to his sick father to buy his drugs.
“I was left with no choice than to go to the Point of Sale operator (PoS) to collect the money because this is emergency,” he said.
Oyerinde said that the charges of PoS operators in Sango-Ota were too high, adding that they collected N2,500 for N25,000 and N5,000 for N50,000 respectively.
He called on the apex bank to intensify efforts towards printing new Naira notes into circulation to ameliorate the sufferings of the people.
Oyerinde said that there was an urgent need for the apex bank to set up task force that would monitor and ensure that banks load their ATM with adequate funds.
Another bank customer, Mrs Bola Olawale, said that she had to go back to her shop on Tuesday because she met a long queue at ATM at Oju-Ore area.
Olawale, also a trader at Sango-Ota Market, said that she needed cash to buy some finished goods into her shop, adding that the long queue at Joju area was also frustrating.
“How much are we making as profit that someone will patronage PoS operators with the higher charges they are collecting on each notes,” she said.
Olawale said that a woman beside her shop used N15,000 to collect N150,000 from a PoS operator on Wednesday.
She appealed to the Central Bank of Nigeria (CBN) to urgently do something about the development because this is slowing down businesses.
Olawale added that there was the need to impose stiffer punishment on any bank that their ATM was not dispensing money to customers.
A NAN correspondent who monitored the development at Oju-Ore and Sango-Ota areas, observed that most of the banks ATMs were not dispensing cash, while the few ones dispensing cash were having long queues.

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CBN disowns notice on cryptocurrency transactions

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The Central Bank of Nigeria says a notice circulating on social media about the risk of cryptocurrency is fake news.

The Apex disclosed this via its official X account, urging the public to disregard the purported notice for all Deposits Money Bank, Non-Bank Financial Institutions, and other Financial Institutions.

The notice reminded “Institutions that dealing in cryptocurrencies and facilitating payments for cryptocurrency exchanges is prohibited”.

However, CBN said the content doesn’t originate from it.

“This information does not originate from the Central Bank of Nigeria.

“For authentic updates, please visit the official website,” CBN wrote.

Recall that the CBN governor, during the Bank’s 293rd Monetary Policy Committee meeting, said over $26 billion funnelled through Binance.

On Tuesday, the Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, said the anti-graft agency froze about 300 accounts to ensure the safety of the foreign exchange market.

The Nigerian government had continued clamping down on Binance and other cryptocurrency platforms amid efforts to defend the Naira in the foreign exchange market.

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Biden says U.S. will begin sending weapons to Ukraine

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U.S. President Joe Biden wants to start delivering of weapons and equipment to Ukraine this week.
The president said this shortly after the U.S. Senate approved billions of dollars in new aid for the country under attack from Russia.
“I will sign this bill into law and address the American people as soon as it reaches my desk tomorrow so we can begin sending weapons and equipment to Ukraine this week,” Biden said.
By passing the legislative package, which also includes billions of dollars in aid for Israel and Taiwan, the U.S. Congress has demonstrated the power of American leadership in the world, Biden added.
“We stand resolutely for democracy and freedom, and against tyranny and oppression.”
There is an urgent need for support for Ukraine, which is being subjected to relentless bombardment from Russia, Biden said.
The bill also contains aid for Israel, which has recently faced unprecedented attacks from Iran.
“This critical legislation will make our nation and world more secure as we support our friends who are defending themselves against terrorists like Hamas and tyrants like Putin,” Biden said.
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NSCDC deploys personnel to JAMB CBT centres in Anambra

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The Nigeria Security and Civil Defence Corps (NSCDC), said it has deployed personnel to ensure a hitch-free 2024 Unified Tertiary Matriculation Examination (UTME) in Anambra.

The state Commandant, Olatunde Maku, stated this after monitoring the conduct of the exams across CBT centres in Awka, on Wednesday.

Some of the centres visited are, Integral Development Konsult on Enugu/Onitsha Expressway, White House in Awka, JAMB Centre located inside JAMB office in Amawbia and Nnamdi Azikiwe University, Awka.

Others are St. John of God ICT Hub, Awka and Kachukwu Ventures Staff Development Centre, behind Government House in Awka.

The examination centres take candidates in three batches: 7 a.m., 10 a.m. and 12 p.m.

Maku said that the synergy between NSCDC and the Joint Admissions and Matriculation Board (JAMB) had yielded positive results in reducing exam malpractice.

He said that the monitoring of the centres would continue till the end of the examination period, to ensure a seamless conduct of the exercise and promote transparency.

“We are firm in our determination to protect critical national assets and infrastructure including JAMB centres.

“Which was why the NSCDC deployed personnel to JAMB CBT centres in the state to ensure security and so far they have been professional in carrying out their mandate,” he said.

Maku advised candidates writing the 2024 UTME to be law abiding and avoid being in possession of prohibited or incriminating items during the examination.

He warned unauthorised persons against loitering around designated exam centre, adding that anyone found wanting would be arrested and prosecuted.

Also speaking, Mrs Jema Iheme, JAMB Coordinator, Anambra state, commended NSCDC for their support and for ensuring security of candidates and staff at the exam centres.

Iheme said that the swift response of NSCDC to emergencies and enforcement of exam rules and regulations was contributing to a smooth and secured exam process so far.

NAN also reports that about 1.9 million candidates are expected to write the JAMB UTME, which commenced on April 19 and would end on April 29.

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