salary

Polaris Bank CEO, Tokunbo Abiru Retires

Polaris Bank Supports Depositors With ₦1bn Salary Advance

January 26, 2020 2:00 pm

Polaris Bank says it has continued to disburse more funds to customers under its salary advance solution product.

A statement from the bank said it had disbursed more than N1bn to customers less than four months after introducing the SALAD product.

It stated, “Polaris Salary Advance enables employees to get up to 50 per cent of their net monthly salary to meet basic needs before the next pay day.

“The service, which is available on all telecommunication networks, has helped many families secure short-term finance to meet their urgent needs which otherwise would have left them vulnerable.”

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Innocent Ike Announced As Acting MD/CEO Polaris Bank

Salary Advance: Polaris Disburses Over ‎₦1bn To Customers

December 23, 2019 9:38 am

Polaris Bank has disbursed over ‎₦1 billion to customers through its Polaris Salary Advance which was launched barely four months ago.

The beneficiaries, who are mostly middle and low income earners made up of professionals across all disciplines, are all customers whose salary accounts are with the bank.

As one of the bank’s popular product, a collateral-free solution called “Polaris Salary Advance”, enables salaried account owners to get up to 50 per cent of their net monthly salary to meet basic needs before payday and right on their phones by dialing *833*12#.

The service, which is available on all …

Montpellier’s French Top 14 Salary Cap Fine Revoked

November 21, 2019 2:56 pm

French Top 14 club Montpellier have had their 400,000 euro ($442,511) fine for salary cap infringements removed by the French Rugby Federation’s appeals commission, according to documents seen by AFP on Thursday.

However the commission increased a previous 50,000 euro fine handed down by the National Rugby League (LNR) to 100,000 euros for “breaches of transparency obligations”.

Montpellier were originally fined for exceeding the cap, at 11.3 million euros, by paying players an additional 428,000 euros during the 2017-18 season when they finished second.

The salaries that had attracted suspicion included those of South African brothers Bismarck and Jannie du …

ICPC

ICPC Uncovers ₦12bn Salary Fraud In MDAs

November 15, 2019 5:15 am

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered ₦12 billion padded into the salaries of some Ministries Agencies and Departments (MDAs).

Chairman of the ICPC, Professor Bolaji Owasanoye, said at a press conference in Abuja that about ₦9.2 billion was first restrained after the ICPC discovered that monies meant for salaries were over-budgeted while another ₦3 billion was uncovered after salaries were paid to workers.

Read Also: Edo APC: When Godfather Contends With Power Of Incumbency

The ICPC boss, who did not mention the names of the MDAs indicted, said the ICPC had after tracing the …

Bauchi Gov Constitutes 17-Man Committee On Salary, Pension

Bauchi Gov Constitutes 17-Man Committee On Salary, Pension

October 29, 2019 2:24 pm

The Governor of Bauchi State, Senator Bala Abdulkadir Mohammed, has constituted a 17-man Committee to investigate the reasons for the non-possession of Bank Verification Numbers by 41,448 civil servants and Pensioners in the state.

The Senior Special Assistant on Media to the Governor, Comrade Muktar Gidado, who disclosed this while addressing newsmen at the Government House, Bauchi said, Senator Adamu Ibrahim Gumba will chair the Committee.

Read Also: Gov. Ihedioha promises to pay pension in Imo

Comrade Gidado listed members of the Committee as, the Governor’s Special Adviser on Civil Service, Mr Abdon Dalla Gin, representative of the State Civil …

Dear Young People, Monetize Your Abilities - Onyeka

Onyeka Urges Young People Monetize Your Abilities

September 26, 2019 10:45 am

A Nigerian blogger and historian; Chiemelie Onyeka has charged Nigerians never to do what they do very well for free. The social media influencer tried to drive his message home using some of the experiences he gathered from working with people.

He said: “I once had an ‘ex’ who was very dutiful and eccentric about her job with the media but she was always shortchanged as she came in as an intern at the time. She grew in rank and learnt fast yet it didn’t affect her remuneration. She was underpaid, undervalued and underrated to say the least”.

I always
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Amosun settles deductions, April salary with ₦20.2bn

May 1, 2019 11:09 am

Amid low turnout of workers that almost marred the 2019 edition of May Day celebration in Ogun State, out – going Governor Ibikunle Amosun cleared all outstanding deductions owed the workers and also paid their April salary.

Amosun also announced that new set of staff (about 1000 of them) have been recruited into the state workforce, just less than 30 days to leave office.

The May Day celebration was without the usual enthusiasm in Ogun, and MKO stadium, Kuto, Abeokuta,  was scanty and looked pathetic unlike what obtained in the past as more of the workers  shunned the May Day …

NOUN apologises to Obasanjo over salary controversy

March 21, 2019 10:08 pm
The National Open University of Nigeria (NOUN) has tendered an unreserved apology to the former President Olusegun Obasanjo, over a news report that he was taking on the payroll of the university as a facilitator.

The university further made it clear that the elder statesman had accepted to be rendering free services to the university in the same capacity.

The university made this known on Thursday in Abuja, through a statement signed by Mr Ibrahim Sheme, its Director of Media and Publicity.

The university said it was reacting to a story in a national newspaper on Wednesday that Obasanjo would

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