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CBN To Charge N5 On Every $1 Sent To Nigeria (Read Full Details)

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The Central Bank of Nigeria (CBN) will charge N5 for every $1 remitted to Nigeria through International Money Transfer Organisations in its new forex policy.

CBN Governor, Godwin Emefiele, confirmed this on Saturday during a virtual event organised by Fidelity Bank.

According to him, this new policy will take effect from Monday, March 8.

Emefiele said,

“Furthermore, in an effort to reduce the cost burden of remitting funds to Nigeria by working Nigerians in the diaspora, the Central Bank of Nigeria has introduced a rebate of N5 for every $1 of fund remitted to Nigeria, through IMTOs licensed by the Central Bank.

“This rebate will be provided to the bank accounts of beneficiaries, following receipt of remittance inflows.

“We believe this new measure will help to make the process of sending remittance through formal bank channels cheaper and more convenient for “Nigerians in the diaspora. This new policy is expected to take effect on the 8th of March 2021.”

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READ ALSO:  I Am Ready To Lift 100 Million Nigerians Out Of Poverty, Says Buhari

Ojogwu Godwin Chukwudi hailed from Delta State. A young talented personality, Alumnus of Delta State university,Abraka Studied Library and information science. He is an intellectual cyber communicator expert and a prolific blogger professional.

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See the reason Peruzzi said he has not gone to church since he met Davido

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Tobechuckwu Victor Okoh aka Perruzi has revealed that he has not gone to church since he met Davido.

He pointed out immediately that he believes in God even if he had not been to church for that long. He said he was a keyboardist and chorister back then. That is about four years ago since he met Davido.

According to him he had always seen himself as a star before he met anyone in the music industry. He always made sure to wear original things and wasn’t cut off for living a fake life.

He was already branding himself before Davido met him. He also stated he wouldn’t be doing music for ever as he have other plans for himself.

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READ ALSO:  Iyabo Ojo, Yomi Fabiyi fight dirty over Baba Ijesha's sexual assult
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See what Nigeria Customs did to Iseyin residents in a bid to rescue their officers

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Residents of Iseyin said five persons were shot dead while some we’re injured when customs men opened dire on some vehicles suspected to be loaded with foreign rice.

But the customs service in a statement claimed hoodlums hired by rice smugglers attack their officers and Injured some of them in the process.

According to customs their officers acted in self defence when that unfortunate incident happened. They were trying to rescue one of their members who was about to be abducted by the hoodlums.

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READ ALSO:  Ogun State Police Arrests 2 For Allegedly Killing Mother And Son
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JUST IN : ‘I Killed Job Seeker, Ini Umoren in Self-Defence’ – Uduak Akpan

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The suspected killer of Ini Umoren, the fresh graduate who met her death while hunting for job, says he took the lady’s life in self-defence.

Speaking with journalists while he was paraded by the Akwa Ibom Police Command on Friday, Akpan Uduak said he had wanted to have sex with her but she hit her and he returned the favour.

“I asked her whether she could work in a farm where hard drugs were kept; she said she could”.

“I asked her that I would like to have sex with her before she left. She agreed and gave a condition that I would have to use condom, which I did.

“While I removed the condom, she became furious and removed the nearby stabilizer to hit me on the head… While I was bleeding, in order to stop her, I used the stabilizer to hit her. When I hit her, she fell.”

Uduak, who claimed he hit the victim with a pressing iron, also atmitted at a point that five other ladies had suffered a similar fate in his hands, although none died.

In his own account, Uduak’s father claimed he was not aware of his son’s criminal activities until he was invited to Uran Police Station.

“I wasn’t aware, I’m not happy about it,” he said. “I was asked to call him and I called him back. When he arrived, I was allowed to interact with him. He told me he did something wrong and that he was sorry. I blamed him: ‘Why did you do this? You are not my only child; I have two other children and they are women. If anybody does this to your sisters would you be happy?’ He said no.”

READ ALSO:  Iyabo Ojo, Yomi Fabiyi fight dirty over Baba Ijesha's sexual assult

Addressing journalists during the event, Andrew Amiengheme, Akwa Ibom State Commissioner of Police, debunked claims that there were shallow graves and bones at the crime scene.

“There are no shallow graves anywhere; there are no bones anywhere,” he said. “That is the truth. But if anybody can show me any shallow grave there, go and show me. But I know there are no shallow graves.”

 

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