Edeson Online News: 03/05/13

Tuesday 5 March 2013

Today is Olusegun Obasanjo 76th Birthday...

If Obasanjo is your HERO, Like, comment, share and wish him a happy birthday.
Oluṣẹgun Mathew Okikiọla Arẹmu Ọbasanjọ, GCFR is a former Nigerian Army general and former President of Nigeria.

Photo: ..News around The Banking SECTOR…

ATM 100 Naira Charge Resurfaces Again !

… First Bank Introduces N100 Monthly Charge On ATM Withdrawals ---

First Bank customers using the Automated Teller Machines for cash withdrawals are to pay N100 monthly, with effect from this month, according to a notice released in Abuja on Monday. The notice for the new charge captioned 'Card Maintenance Fee' reads: "Dear valued customer, in order to serve you better, from March 2013, a monthly N100 card maintenance fee will be charged for all cash withdrawals within the month.’’

Some customers, however, condemned the introduction and called for sanctions from the regulatory body.

Mr Joshua Abraham, a trader, said it was unfortunate that First Bank should introduce such a charge.

``I did not even notice, but if that is the case, they want to discourage us.

Mrs Uju Nwanze, a legal practitioner, said the CBN should stop the charge.

`` This is another way to get back the N100 charges they just stopped recently on use of ATM cards. These banks are good at exploiting people, they did not even give prior notice like sending text messages.''

Also, Ejiro Fidel, a civil servant, said First Bank should not copy the new generation banks to rip off customers.

``They did not even care to inform their customers about this development, this is unlike them. Civil servants use First Bank a lot because we believe they are better than most of these new banks.

``What maintenance are they doing on the card, this is very wrong and I hope that those in charge would stop them from doing so.

``I think that they should focus on how to encourage customers to use the card than discouraging them. This new charge is really anti-customer friendly,’’ he said.

It would be recalled that the Bankers' Committee meeting of November 2012, scrapped the N100 interbank charge on use of ATM cards.

First Bank had on February 11, increased its charges on interbank money transfer, against moves by the Central Bank of Nigeria for a downward review of bank charges on customers.

GUYS, WHAT’S YOUR VIEWS ABOUT THIS?
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Bank customers using the Automated Teller Machines for cash withdrawals are to pay N100 monthly, with effect from this month, according to a notice released in Abuja on Monday. The notice for the new charge captioned 'Card Maintenance Fee' reads: "Dear valued customer, in order to serve you better, from March 2013, a monthly N100 card maintenance fee will be charged for all cash withdrawals within the month.’’

EBONYI State police command, at the weekend, arrested a middle-aged man, Okechukwu Ogbonna (30), for allegedly beheading his father for reasons still being investigated.

Photo: World Business NEWS:

…Dangote Aliko Is Now World's 43rd Richest Man…

… He Still Remains the Africa Richest Man ---

With a net worth of $16.1bn as of March 2013, the President, Dangote Group, Alhaji Aliko Dangote, has moved up in the latest world richest ranking to number 43 from 76 in 2012.

According to the list which was released on Monday by Forbes, Dangote and the Chairman of Globalom, Dr. Mike Adenuga were the only Nigerians on the list.

Dangote, 55, however, retained his position as the richest man in Africa and the richest among manufacturers in the world with a net worth of $16.1bn.

Adenuga, 59, on the other hand, ranked 269 on the list with a net worth of $4.7bn.

The world billionaires, list presented Carlos Slim Helu, a Mexican as the world richest man with a net worth of $73bn, while Bill Gates of United States came second with a net worth of the $67bn.

Others are Armancio Ortega of Spain ($57bn); Warren Buffet, United States ($53.5bn); and Larry Ellison of US with $43bn net worth, coming third, fourth and fifth, respectively.

Forbes said, “To compile net worths, we value individuals’ assets, including stakes in public and private companies, real estate, yachts, art and cash – and account for debt.

“We attempt to vet these numbers with all billionaires. Some cooperate; others don’t. We also consult an array of outside experts in various fields.”

The past year has been eventful for Dangote. In October, he sold off a controlling stake in his flour milling company to Tiger Brands of South Africa and pocketed $190m in cash.

In February, his Dangote Sugar Refineries acquired a 95 per cent stake in Savannah Sugar in a bid to maintain its dominant position in the Nigerian sugar industry.

Dangote started building his fortune more than three decades ago when he began trading in commodities like cement, flour and sugar with a loan he received from his maternal uncle.

He delved into full production of these items in the early 2000s and went on to build the Dangote Group, West Africa’s largest publicly-listed conglomerate, which now owns sugar refineries, salt processing facilities and Dangote Cement.

NICE DEVELOPMENT.
More News on my web page www.endyedesonnews.blogspot.com

With a net worth of $16.1bn as of March 2013, the President, Dangote Group, Alhaji Aliko Dangote, has moved up in the latest world richest ranking to number 43 from 76 in 2012.

Hi guys, it may surprise you to know that I’m Tiwa Sawage’s secret admirer. Yeah, I love her so much but I can’t help it because she is already engaged and romantically linked to her manager. Well, I wish her the best in every area of her life.

PRESIDENT Goodluck Jonathan has announced the setting up of Project Nollywood programme worth N3 billion, designed to assist the movie industry in the country and enhance its viability.
The president disclosed this at a dinner he held in honour of Nollywood stars to mark the 20 years of the industry at the State House, Marina, Lagos, on Saturday night.

A 67 year-old grandmother from Australia has been found dead in South Africa where she travelled to meet a 28 year-old Nigerian she met on an online dating site.