LAGOS COURT JAILS NOGASA CHAIR, FATUYI PHILLIPS 21 YEARS FOR N43. 5M FRAUD. (PHOTO). #PRESS RELEASE

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 Lagos Court Jails NOGASA Chair, Fatuyi Phillips 21 Years  for N43.5m Fraud    Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.   The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on April 5, 2022, arraigned Philips alongside his firm, Oceanview Oil and Gas Limited, on a two-count charge bordering on obtaining money by false pretence to the tune of N43, 502,000.00   Count one reads: "Fatuyi Yemi Philips and Oceanview Oil and Gas Nigeria Limited, on or about the 28th day of September, 2016 at Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the aggregate sum of N43, 502,000.00 from Elochukwu Okoye and Elebana Unique Ventures Nigeria Limited on behalf of WAPCIL Nigeria Limited under the false rep

CBN ISSUES A REVISED GUIDE TO CHARGES BY BANKS. {PHOTOS}.#PRESS RELEASE.

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     Central Bank of Nigeria (CBN) issues a revised Guide to Charges by Banks, Other Financial and Non-Bank Financial institutions.
Revisions:
Electronic transfers
N10 for transactions less than N5000
N25 for transactions between N5,001 - N50000
N50 for transactions above N50000
Automated Teller Machine(ATM) Withdrawal
N35 (previously 65) after 3rd withdrawal in a month, on another banks ATM.
Card Maintenance
N50 every 3 months for Savings Accounts
Zero for Current Accounts.
One more photo below.
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