DOLLY PARTON RETURNS TO PUBLIC EYE TO CELEBRATE OPENING DAY AT DOLLYWOOD . (PHOTO).

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 Dolly Parton returns to public eye to celebrate opening day at Dollywood     Dolly Parton made her first public appearance in months to celebrate the opening day of Dollywood in Pigeon Forge, Tennessee, on Friday. The country music icon reflected on the past year, a year after the death of her husband of nearly 60 years, Carl Dean, saying she is “doing good” and has been working to rebuild herself spiritually, emotionally, and physically after grieving and dealing with health issues that kept her from touring. Joined on stage by Dollywood president Eugene Naughton, Parton brought her trademark humor to the crowd, joking about rumors of a new husband while reaffirming her devotion to Dean. She also shared updates on her ongoing projects, including a new Broadway musical and her Dolly’s Life of Many Colors Museum in Nashville. Parton previewed the park’s 41st season, highlighting the upcoming NightFlight Expedition ride, a new “Run Dollywood” race weekend, an updated ...
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CBN EXTENDS SUSPENSION OF CASH DEPOSIT CHARGES. (PHOTO).

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 CBN extends suspension of cash deposit charges


The Central Bank of Nigeria (CBN) has extended the suspension of charges on cash deposits above certain thresholds.

The new directive, effective immediately, will see Nigerians continuing to deposit cash without incurring processing fees until September 30th, 2024.

This announcement comes after a brief period of confusion. On May 1st, banks resumed charging processing fees on cash deposits, in response to the CBN’s “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued in December 2019.

These fees were two per cent for individual accounts exceeding N500,000 and three per cent for corporate accounts exceeding N3 million.

The CBN, in a new circular signed by Adetona Adedeji, Director of Banking Supervision, referred to a previous suspension of these charges implemented in December 2023 and officially extended that suspension until the end of the third quarter of 2024.

The latest circular reads: “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates as contained in the “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued on December 20, 2019.

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