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Nigerians To Start Paying For Bank Deposits In 2020

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Photo credit: The Nation

The charges will attract three per cent processing fees for withdrawals and two per cent processing fees for lodgments of amounts above N500,000 for individual accounts.

Law is the machinery for societal control, self-control and developments.

Suleiman Jnr.

Starting from September 18, 2019, Nigerians operating bank accounts will begin to pay charges for deposits and withdrawals.

Making the announcement on Tuesday, the Central Bank of Nigeria said that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said that implementation of the policy would signal the imposition of charges on deposits in addition to already existing charges on withdrawals. According to the circular, the charges will attract three per cent processing fees for withdrawals and two per cent processing fees for lodgments of amounts above N500,000 for individual accounts. For corporate accounts, the apex bank in the circular said that DMBs would charge five per cent processing fee for withdrawals and three per cent for lodgments of amounts above N3m. The statement, however, disclosed that the charge on deposits would apply in Lagos, Ogun, Kano, Abia, Anambra, and Rivers states as well as the Federal Capital Territory.

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  1. Fidel

    September 18, 2019 at 8:40 pm

    Thiefsss. Nigeria THIEF

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COVID-19: Scammers dressed as doctors, set up fake Coronavirus testing sites, where they charge people $240 and steal their DNA

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Local officials said a self-proclaimed medical marketing company set up makeshift testing sites outside various churches in Louisville with workers dressed head to toe in hazmat gear. They claim the scammers charge $240 a test and steal people’s DNA and personal information.

At one site in Louisville, Kentucky, scammers dressed as doctors were offering fake coronavirus tests out of a convenience store parking lot in exchange for $240. They were also collecting credit card information and people’s social security numbers, equipping them to steal their victims’ identities.

Local authorities told the NYT that 100 people fell prey to the scheme before the scammers fled

Metro Council President David James and Louisville advocates have been hunting down who they call fake COVID-19 testers, reported WDRB.

“It’s really Medicaid fraud, is what it actually is. There is no reason that you should spend $240 dollars for a COVID test,” James said. “And they’re using the same gloves on Person A that they used on Person B, that they used on Person C.”

The officials said the group may be from Illinois as they believe the scammers are the same people who claimed to test people’s DNA for diseases last year.

“They’re the scum of the Earth and they’re preying on the poorest of the poor, and I’m going to do everything in my power to get them the [explicit] out of Kentucky,” James said.

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