CBN Introduces New Charges On Bank Deposits and Withdrawals

Godwin Emefiele,Gov CBN.

Saving culture attitude may be gradually eroded if CBN(Central Bank Of Nigeria) should go ahead with the new policy.Depositors between 500,000 and 1million naira will pay 1.5% on deposit and 2% on withdrawal.This is also applicable to deposit between 1million naira to 5million with 2% charges on deposit and 3% on withdrawal.
How will these extra charges improve the banking experience of banks customers, on what premises is the increase based on.There is free fall of naira to dollars on daily basis, a proactive government should arrest that not adding more burdens on the masses

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Deeper life Bible church assisting government in Infrastructure development.

Churches are not reneging in performing their social corporate responsibility. Deeper Life Bible church Provision of bridge and car park is a steps in the right direction. Nigeria churches don't pay tax, but by supporting government in infrastructural development they are paying taxes indirectly. Places of worship like churches and mosques should borrow a leaf from Deeper life. Government is overwhelmed and it should not be left alone in the business of development, all hands must be on deck.

GRAPHIC PHOTO:Xenophobic attack far from over

He is a Nigerian, his name is Chinedu Eze, he was shot at close range in Capetown South Africa yesterday. Bilateral relationship between Nigeria and South Africa will remain highly volatile if nothing is done to stop the senseless killings. .

LARRYBABA

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