CHINA DETAINS US SEISMOLOGIST FOR NEARLY TWO YEARS WITHOUT TRIAL AS FAMILY SEEKS RELEASE BEFORE XI VISIT. (PHOTO).

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 China detains US seismologist for nearly two years without trial as family seeks release before Xi visit A China-born American seismologist has been detained in China for nearly two years without trial, with his family now publicly calling for his release as diplomatic efforts continue over his case. Youlin Chen, a Boston resident and U.S. citizen, was detained by Chinese state security officials in November 2024 while visiting his parents in Beijing and has since been charged with espionage, according to an organization assisting his family. Chen’s wife, Yufang Rong, said she has not spoken with him in more than 600 days and expressed concerns about his health and well-being. She said President Donald Trump has taken an interest in the case and she hopes his administration can help bring Chen home. Chen has been classified by the U.S. government as wrongfully detained, a designation reserved for cases considered a priority for diplomatic intervention. He is currently the only Ame...
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CBN REMOVES ATM MAINTENANCE FEE, BANK CHARGES,OTHERS. (PHOTO).

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Central Bank of Nigeria (CBN) has reviewed charges and rates for banking activities in the country.

The apex bank said the guideline applies to charges by Banks Other Financial and Non-Financial under its licence or regulation.

The document revealed that the CBN has reduced the charges on some transactions including Standing Order Charge (In-Branch); ATM Maninance Fees; Electronic Fund Transfers and Bulk Payments among others.

In the latest guideline, CBN said Standing Order Charge for intra-bank will be free compared to the N300 in the 2017 guideline.

For Interbank Transfers, the CBN cut the charges to a maximum of N50 per transaction compared to the N300 held in 2017.

 

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