Punishment: Nigerian Banks To Charge Customers For Failed Transactions On Direct Debits

LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Central Bank of Nigeria (CBN) instructed banks in December 2019 to start punishing customers for failed direct debit transactions caused by the customer’s failure to fund their account. According to the guide, effective as of January 1, 2020, the customer will be charged 1% of transaction amount, or N5,000, whichever is…

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Penny Wise, Pound Foolish Nigeria Stick With Struggling Coach Rohr

LAGOS NOVEMBER 21ST (NEWSRANGERS)-Nigeria will resist the temptation to sack under-fire coach Gernot Rohr despite a worrying winless run, national team chiefs insisted Friday. Sports minister Sunday Dare has questioned the competence of the German coach after the Super Eagles failed to win a match this year, drawing three times and losing once. “Nigerian football…

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Malawi Court Frees Fugitive Pastor Declared Wanted By South Africa Govt

LAGOS NOVEMBER 21ST (NEWSRANGERS)-Malawian millionaire preacher Shepherd Bushiri, wanted by South Africa on fraud charges, was Thursday ordered freed by a court in his native country following his arrest on an international warrant. A court in the capital Lilongwe instructed the unconditional release of Bushiri and his wife Mary, a day after they turned themselves…

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‘Crude Oil Discovered In Commercial Quantity In Benue Trough’

LAGOS NOVEMBER 20TH (NEWSRANGERS)-The Nigerian National Petroleum Corporation on Thursday said the volume of crude oil discovered in Benue Trough was in commercial quantity. It said Nigerian geologists were spearheading efforts in the discovery of the commodity in the trough. The corporation’s Group Managing Director, Mele Kyari, disclosed this in a statement issued in Abuja…

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Georgia, Wisconsin Recounts Likely Will Not Change Trump Election Defeat-Officials

LAGOS NOVEMBER 20TH (NEWSRANGERS)-President Donald Trump’s attempts to cling to power appeared more tenuous than ever on Wednesday as election officials in Georgia said a soon-to-be-completed recount was not likely to change President-elect Joe Biden’s victory there. Georgia is one of several states where Trump’s campaign is contesting election returns, so far without success. Election…

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Czech President Advises Trump To Quit To Avoid ‘Not To Be Embarrass’

LAGOS NOVEMBER 20TH (NEWSRANGERS)-Donald Trump would be wiser to acknowledge losing the U.S. presidential election and quit, Czech President Milos Zeman, an early Trump supporter, said on Thursday. Zeman, one of the few European politicians who backed Trump before his 2016 election victory but who made no such endorsement this year, told news website www.parlamentnilisty.cz…

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