Highlights!

Wednesday, December 7, 2022

ICPC detains D’banj over alleged fraud



The Independent Corrupt Practices and other Related Offences Commission (ICPC) has arrested Oladapo Oyebanji aka D’banj.


The musician was arrested and detained on Tuesday 06/12/2022 after ICPC operatives closed in on him and forced him to surrender himself at the agency’s headquarters in Abuja.


D’banj was said to have been making excuses while being summons for weeks, claiming to be overseas for scheduled concerts each time he was invited to appear for interrogation over fraud allegation.


The singer is accused of fraudulently diverting monies earmarked by the Federal Government for N-Power project, an empowerment programme set up in 2016 to address youth unemployment and increase social development.


Investigators allege that D’banj colluded with some compromised government officials to introduce ghost beneficiaries into the payroll of the scheme. The stipend paid to those beneficiaries are then paid to accounts that have now allegedly been linked to the pop star.


After the musician failed to show up for interrogation despite multiple invitations, the ICPC were forced to arrest him, causing him to show up at the commission’s office on Tuesday.

Tuesday, December 6, 2022

CBN's New Policy



BOOM!!!💥💥 CBN Limits ATM/POS Withdrawal to N20,000 Per Day 


New Central Bank of Nigeria  Rules effective January 9, 2023 following New Naira Design.


1. ATM withdrawals won't be more than N100k per week  and N20k per day 😳


2. POS withdrawals won't be more than N20k daily.


3. Over the counter withdrawal won't be more than N100k per individual and N500k per corporate organization.


4. Only N200 and below will be loaded on ATMs.


5. Third Party Cheques over N50,000 will not be cleared over the counter.


Welcome to cashless economy 😅😀