CBN REVOKES OPERATING LICENSES OF ASO SAVINGS AND LOANS PLC AND UNION HOMES SAVINGS AND LOANS PLC. (PHOTO).

-
Image
 CBN Revokes Operating Licenses of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc The Central Bank of Nigeria (CBN) has revoked the operational licenses of two primary mortgage banks, Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing multiple regulatory violations and financial distress. In a press release issued today, the CBN stated that the action was taken under Section 12 of the Banks and Other Financial Institutions Act (BOFIA) 2020 and Section 7.3 of the Revised Guidelines for Mortgage Banks in Nigeria. The move is part of broader efforts to reposition the mortgage sub-sector and enforce compliance with laws and regulations. The affected institutions were found to have breached various provisions, including: - Failure to meet the minimum paid-up share capital requirement for their license category. - Having insufficient assets to cover liabilities. - Being critically undercapitalized, with capital adequacy ratios below the CBN's prudent...
Post a Comment

NYSC PORTAL CRASH: PROSPECTIVE CORPS MEMBERS STRANDED IN CROSS RIVER. (PHOTO).

-


 NYSC Portal Crash: Prospective corps members stranded in Cross River


 

In a state of disarray and confusion, thousands of prospective National Youth Service Corps (NYSC) members find themselves stranded in Cross River State, unable to proceed with their registration due to the sudden crash of the registration portal, which occurred on Saturday night.


The NYSC portal, which was opened on June 8, 2024, crashed less than 12 hours later, leaving aspiring corps members perplexed and unable to enroll.


Two days after the crash, on June 10, 2024, the NYSC headquarters issued a statement of apology, shedding light on the cause of the portal’s disruption.


According to the statement, the crash was attributed to a “conflict on link in between NIMC access to NYSC’s database,” leading to a system disruption.


The statement, addressing critical stakeholders, accredited NYSC Cyber Café Operators (CBOs), and prospective corps members, explained the technical intricacies behind the breakdown and outlined the measures being taken to rectify the situation.


“We have reviewed the situation and narrowed the cause of breakdown to conflict on the link between NIMC access to our database containing sensitive user profile information,” the statement read.


It further assured stakeholders that the technical crew was actively working on resolving the issue and implementing additional changes to the technical infrastructure to prevent further complications.


In light of the disruption, the NYSC announced the temporary disablement of access to batch “B” PCM (Prospective Corps Members) registration to avoid technical irregularities.


While expressing regret for the incident and apologizing to all affected parties, the NYSC promised to extend the registration period once technical issues were resolved.


As of Monday evening, the portal remained inaccessible, leaving many prospective corps members in limbo, unable to proceed with their enrollment.

Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more