reduced

CBN Reduced Bank Charges to Pacify Customers, Says Emefiele

December 23, 2019 2:57 pm

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday explained that the banking sector regulator decided to review downward bank charges to ameliorate the pains of customers.

Emefiele said this while speaking in a telephone interview with THISDAY on the new circular titled ‘Guide to Charges by Banks, Other Financial, and Non-bank Financial Institutions,’ which becomes effective from January 1, 2020.

The circular posted on the apex bank’s website yesterday, amongst others, announced the downward review of charges for electronic banking transactions; review of other bank charges to align with market development and the inclusion of new sections …

Border Closure: Ogoja Rice To Hit Market With Reduced Price

November 15, 2019 11:50 am

Santuscom Agro-Hub Investment Nigeria Limited, producer of Ogoja Rice, has said it will crash the prices of local brands as it begins harvest at its 1,000-hectare farm in Okpoma, Yala Local Government Area of Cross River State.
The Chairman and Chief Executive Officer of Santuscom, Chief Paul Santus, made this known while speaking with journalists on the farm’s effort to cushion the effect of rising prices of rice domestically as a result of the closure of the land borders.

Chief Santus said the Ogoja Rice brand would sell for N14,000 ahead of the Christmas and New Year celebrations.

Since the …

Why We Reduced Cost Of Marriages, Burial Rites In Anambra

November 6, 2019 10:42 am

The traditional ruler of Oraukwu community in Idemili North Local Government Area of Anambra state, Igwe Emeka Onuorah, in this interview disclosed that his community has reduced the costs of marriage and burial ceremonies, adding that fines await defaulters. He noted that he has modernised the New Yam festival with prizes to encourage farming in the community. He however, appealed to Government to come to their rescue over the menace of gully erosion in the community.

Your community is a major producer of yam. How do you celebrate New Yam festival?

It celebrated every September and this year’s event …