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TV/Movies / Re: Games Of Thrones: House Of The Dragon Official Discussion Thread by aieromon(m): 9:25am On Jun 07

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Car Talk / Re: My 2005 Nissan Altima SE-R 6MT Turbo Build by aieromon(m): 9:44pm On Jun 05
Following...
Politics / Re: Is Light Back In Your Area After Strike Suspension? by aieromon(m): 4:24pm On Jun 04
aieromon:

You are close to the TCN National Control Centre. Once power is fed back into the grid, you will be among the first sites to receive supply.

Power supply has been restored
4.24pm
Kado, FCT.

11 Likes

Politics / Re: Is Light Back In Your Area After Strike Suspension? by aieromon(m): 2:38pm On Jun 04
peeps4u:

I am in Ife, no light till now. Made calls to ilesha and osogbo, no light as at this time.

You are close to the TCN National Control Centre. Once power is fed back into the grid, you will be among the first sites to receive supply.

5 Likes

Family / Re: How God Credited My Bank Acct With 10million Naira-Dr. Uma Ukpai by aieromon(m): 10:14am On Jun 04
Politics / Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by aieromon(m): 10:48pm On Jun 03
grin grin grin

46 Likes 10 Shares

Politics / Re: FG - Labour Meeting: Army Responds To NLC's Statement by aieromon(m): 8:33pm On Jun 03
Ahmed0336:
Confusion everywhere.

I thought the meeting is scheduled for 10am tomorrow

Tomorrow's meeting
https://www.vanguardngr.com/2024/06/breaking-fg-labour-to-meet-tomorrow-over-strike-minimum-wage/


Ongoing meeting
https://www.vanguardngr.com/2024/06/breaking-labour-sgf-in-a-crucial-meeting/

Amidst the biting effect of the nationwide strike by Nigeria Labour Congress (NLC), the Secretary to the Government of the Federation (SFG), Senator George Akume, is currently having a closed-door emergency meeting with labour leaders.

Journalists and other visitors were however barred from assessing the venue of the meeting.

Soldiers and some other security operatives allowed only a few persons access to the venue

Daily Trust reports that the organised labour unions on Monday commended a nationwide strike over the breakdown of negotiations on minimum wage.

The strike led to the shutting of the national grid and electricity blackout, plunging the nation into darkness.

There was also flight disruption and shutting down of federal and state governments offices; also paralysing economic activities.

Virtually all the principal labour leaders, including NLC President, Comrade Joe Ajaero and President of the Trade Union Congress of Nigeria (TUC), Comrade Festus Osifo, are at the ongoing meeting.

Previous meetings ended in deadlock, including the one held with the leadership of the National Assembly, on Sunday, to avert the strike.

The outcome of the meeting is expected to determine if labour would call off the ongoing strike or maintain its ground.

It was, however, learnt that the Tripartite Committee on National Minimum Wage, had also invited organised Labour to a meeting on Tuesday.

https://dailytrust.com/strike-journalists-barred-as-sgf-labour-leaders-meet-in-abuja/
Business / Re: CBN Revokes Licence Of Heritage Bank by aieromon(m): 11:28am On Jun 03
Paragon311:
Wow!!! This is seriously serious....

What are the contributions of the board of Directors to the bank that they are not performing very well??

The bank traces its roots to the late 1970s, when it was founded as Societe Generale Bank (Nigeria), by the late Dr. Olusola Saraki. In January 2006, the Central Bank closed down Societe Generale on account of failure to meet new minimum capital requirements of US$155 million (NGN:25 billion) for a National Bank. Societe Generale successfully challenged the closure in court. In December 2012, the Central Bank re-issued Societe Generale's banking license, but as a regional bank. Having acquired the banking license, the new ownership re-branded the bank as Heritage Banking Company Limited and opened for business under the new name on 4 March 2013.

In October 2014, Heritage Banking Company Ltd successfully met the requirements of the Asset Management Corporation of Nigeria (AMCON) and the Central Bank of Nigeria toward owning 100% shares in Enterprise Bank Ltd.

On 27 January 2015, AMCON officially transferred ownership of Enterprise Bank Ltd to Heritage Bank Plc.

https://en.wikipedia.org/wiki/Heritage_Bank_(Nigeria)
Politics / Re: BREAKING: CBN Revokes Heritage Bank License by aieromon(m): 10:42am On Jun 03
ALCOHOLKILLS:
lies angry sad

https://www.cbn.gov.ng/Out/2024/CCD/CBN%20Press%20Release%20Heritage%20030624.pdf

Politics / Re: Conspiracy Of Silence Trails Sale Of NCAT Helicopters by aieromon(m): 9:32am On Jun 03

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Career / Re: A Man's Certificate Used To Wrap Suya (Picture) by aieromon(m): 7:32am On Jun 03

1 Like

Career / Re: A Man's Certificate Used To Wrap Suya (Picture) by aieromon(m): 6:43am On Jun 03
Recycled thread from 2018.

Mods really need to vet information before pushing to FP.

https://www.nairaland.com/4856417/original-certificate-lasus-graduate-found

6 Likes 1 Share

Business / Re: Package Delivery Problems: USPS And NIPOST by aieromon(m): 12:40pm On Jun 02
horleee:
Thank you so much. Please is there a way I can know it's exact location?

No
Celebrities / Re: Real Warri Pikin's Weight Loss & Body Transformation (video) by aieromon(m): 12:22pm On Jun 01
azadus18:
Hope no be weight loss supplement she take

Wrong

Phranx1:
Surgical procedure

If you know, you know

She said, “When I was plus-sized, one of the reasons I decided to do weight-loss surgery was an embarrassing situation at the bank. I entered into the bank door and the next thing I heard was, ‘Step back, one at a time, one at time’.”

She, however, admitted that she is suffering from the side effects of the surgery.

“Everyone is saying I look better and younger after the surgery but they don’t know what I am passing through. My breasts have become sloppy,” she lamented.

https://dailypost.ng/2024/06/01/why-i-decided-to-do-weight-loss-surgery-real-warri-pikin/

3 Likes

Politics / Re: Abapower Lowest Tariff In The Country Is False by aieromon(m): 11:02am On Jun 01
igwebuike01:

How is it false when it remain the lowest generally irrespective of whichever band?

Lowest for who?

Opiegbe said: “Our Band A MD customers are primarily industrialists who are unfortunately experiencing serious headwinds, and it is because of them that Professor Bart Nnaji, the founder and chairman of the Geometric Power Group, established the 188-MW gas-fired plant in the Osisioma Industrial Layout of Aba.”

1 Like

Politics / Re: Aba Power Adjusts Tariff, Lowest In Nigeria by aieromon(m): 10:57am On Jun 01
PHIPEX:
Probably because they are still receiving power for higher number of hours than elsewhere

Not according to this complaint:

https://www.nairaland.com/8083211/how-abapower-overcharging-me

https://www.nairaland.com/8111383/abapower-lowest-tariff-country-false
Politics / Re: Abapower Lowest Tariff In The Country Is False by aieromon(m): 10:56am On Jun 01
jmoore:
I just saw the news that Abapower tariff is the lowest in the country. That is false and misleading.

The only truth is that Band A customers in Abapower have the lowest tariff compared to other Discos.

I reside in Aba and I am placed on Band B. Band B customers in Abapower are being charged 102 naira per kwh. While Ikeja electric is charging 62 naira for same Band B.

In summary Band B to Band E customers of abapower are paying more than other customers in other Discos.

Thanks for the confirmation.
Business / Re: Dangote Refinery Exports Jet Fuel To Europe by aieromon(m): 10:52am On Jun 01
Akwamkpuruamu:
Is Dangote Refinery made for Nigeria or abroad?

If for abroad why was he given dollars at a cheaper rate by the FG

It's a 650,000bpd refinery.

After satisfying incountry demands, the surplus refined products will be exported.

4 Likes

Car Talk / Re: Help With Brain Box Number by aieromon(m): 10:40am On Jun 01
Donr2024:
Many thanks @aieromon for that feedback.

If I buy another brain box of part number "23703-4EF0A'', do I need to program it again?

Appreciate your advise.

Your keyfob needs to be paired to the "new" brain box in order for the car engine to start.

1 Like

Politics / Re: Aba Power Adjusts Tariff, Lowest In Nigeria by aieromon(m): 10:07am On Jun 01
Deceptive.

Why are they charging ₦102/kWh for Bands B to E?

jmoore:

I only know that of band B which is 102 naira. Their Band A tariff is the lowest in all DISCOs but their tariff of Band B to E is the highest compared to other DISCOs.

8 Likes 2 Shares

Business / Re: Package Delivery Problems: USPS And NIPOST by aieromon(m): 9:59am On Jun 01
horleee:


Good day, please I need help, I'm expecting a delivery in Nigeria from UK for about 45 days now. From the tracking system I used it is showing (Item Leaving the UK. Your item has left the UK and is now on its way to the destination country). Can you please help me with update on my delivery as this package is very important to me.

Package has not arrived Nigeria.
Crime / Re: First Bank Employee On The Run After Diverting ₦40 Billion; Bank Begins Recovery by aieromon(m): 11:09pm On May 31

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Crime / First Bank Employee On The Run After Diverting ₦40 Billion; Bank Begins Recovery by aieromon(m): 8:50pm On May 31
First Bank, a Nigerian bank with a market capitalisation of ₦829 billion has begun legal action to recover “huge sums of money” allegedly diverted by an employee at a head office team in Iganmu, Lagos. The employee, now on the run, allegedly diverted those funds to 98 bank accounts classified as first beneficiaries, including his wife’s.

The bank reported the incident to the Nigerian Police Force on March 25, 2024, and obtained three court orders between April 4–8, 2024 to block hundreds of bank accounts believed to have received the stolen funds.

Three people with direct knowledge of the incident told TechCabal that while the initial amount discovered to be diverted was around ₦12 billion, it now stands at around ₦40 billion ($29 million).

As a manager on the electronic products team at First Bank, the employee, identified by court documents as Tijani Muiz Adeyinka was authorised to process reversals for customers, said one First Bank employee with knowledge of the matter. It meant he controlled an account with which he processed those reversals and could credit merchant accounts.

Muiz allegedly used that authority to instead credit customer reversal requests to a merchant he controlled. As the last line of authorisation on the team, he allegedly did not need any further approvals, it allowed him to carry on diverting customer funds for almost two years without detection.

His scheme was eventually discovered when a customer made a complaint that was eventually escalated to the bank’s internal control unit. The control unit discovered several suspicious transactions and reported to the police.


“We hereby bring to your notice the discovery of fraudulent transactions into various transactions within and outside the bank and request your good offices to set up the machinery of investigation in place with a view to unravel the circumstances surrounding the said fraud and get the culprits apprehending to face the wrath of the law,” read a letter dated May 10, 2024, from First bank to the Lagos State Commissioner of Police.

First Bank did not respond to multiple calls and emails from TechCabal requesting comments.

A spokesperson for The Nigerian Police Force did not immediately respond to a request for comments. The spokesperson Economic Financial Crimes Commission (EFCC) did not respond to a request for comments.

“I discovered that one Muiz Tijani Adeyinka, a former staff of First Bank was involved in the nefarious posting of fraudulent transactions,” read a statement from the investigating Police officer in charge of the case signed March 26, 2024.

“It was discovered that he made some fraudulent transactions to his wife’s account number (name withheld) domiciled with Zenith Bank, which in turn transferred to other beneficiaries totaling thirty-four accounts which also gave birth to second beneficiaries domiciled with other banks totaling 1,190 accounts,” the statement added.

Across multiple court documents and complaints, First Bank did not state how much money was stolen. It was also silent on how the money was obtained while asking the Police to “unravel the circumstances surrounding the fraud.”

Despite a decline in reported cases in Q1 2024, fraud remains a big issue in Nigeria’s financial services industry. While fintech startups receive disproportionate scrutiny, the country’s biggest banks are often on the receiving end of fraud attacks too. In 2023, Access Bank lost ₦6.15 billion to fraud and Fidelity Bank lost ₦2.5 billion in three incidents, per a report from BusinessDay.

First Bank obtained an order on April 8 to block the bank accounts of the first and second beneficiaries of the illegally obtained funds from a Federal High Court in Lagos. The bank also obtained additional orders dated April 8 and May 5 from a Jalingo and a Lagos high court to block additional accounts believed to be involved in the incident.

One first beneficiary account reportedly used some of the stolen funds to buy the stablecoin USDT from several crypto traders, according to an anonymous email sent to TechCabal detailing their bank accounts.

Those traders claimed their only involvement was selling USDT and denied knowing the funds they received were proceeds of fraud. They have now been drawn into a legal battle with the bank with restrictions on their accounts at the time of this report.

https://techcabal.com/2024/05/31/first-bank-employee-on-the-run-after-40bn-fraud/

7 Likes 1 Share

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by aieromon(m): 8:42pm On May 31
pragmatistm:
How to install electric socket yourself at home.

Do like the video and subscribe the channel.

You have good content for DIY heads.

Keep it up.
Politics / Re: FCT Residents Joyous As They Enjoy Free Ride On Abuja Metro Rail by aieromon(m): 6:43pm On May 31
Ricci22:
Please where are the various train stations where I can catch this train?

Technology Market / Re: Which Brand Has The Best Air Conditioner? by aieromon(m): 5:32pm On May 31
Torg77:


but with these things how do you know the original hisense

Buy from an authorised outlet.......in person. Hisense products are assembled in Nigeria by Fouani.
Politics / Re: FCT Residents Joyous As They Enjoy Free Ride On Abuja Metro Rail by aieromon(m): 4:16pm On May 31
Travel / Re: Abuja Light Rail - All The 12 Railway Stations That Are Completed by aieromon(m): 4:56am On May 31

Politics / Re: How Abapower Is Overcharging Me by aieromon(m): 9:49pm On May 30
jmoore:

I only know that of band B which is 102 naira. Their Band A tariff is the lowest in all DISCOs but their tariff of Band B to E is the highest compared to other DISCOs.

If their plan is to offer uninterrupted power supply, Bands B to E will need to be collapsed into a single Band.
Politics / Re: Umahi Dares Landmark To Publish Land Titles Over Property Demolition Claim by aieromon(m): 9:38pm On May 30
If e didn't dey, e didn't dey!

5 Likes

Politics / Re: How Abapower Is Overcharging Me by aieromon(m): 9:25pm On May 30
jmoore:


The information is not in public domain, can't find it on their website. But I am suspecting that every prepaid customer in all bands are currently being charged 102 naira per kwh.

Can you verify this? Do you know the tariff rates of the remaining bands?

Almost two months after the other 11 electricity distribution firms in Nigeria increased their tariff for Band A customers due to the prevailing economic situation in the country, Aba Power Ltd has adjusted its tariff.

Its managing director, Ugo Opiegbe, confirmed to newsmen in a telephone interview this morning that Band A Maximum Demand (MD) customers, who receive power for at least 20 hours daily, will now pay between N114.66 and N117.1 per kilowatt hour (KWh), from N109.79 KWh.

For non-MD customers in Band A, their tariff is even lower, pegged at N106.56/kWh.

“It is still the lowest in the country for that category of customers”, Opiegbe declared, contrasting it with rates charged by other electricity firms.

“Our Band A MD customers are primarily industrialists who are unfortunately experiencing serious headwinds, and it is because of them that Professor Bart Nnaji, the founder and chairman of the Geometric Power Group, established the 188-MW gas-fired plant in the Osisioma Industrial Layout of Aba”, Opiegbe noted.

https://businessday.ng/news/article/aba-power-adjusts-tariff-still-remains-lowest-in-the-country/
Politics / Re: Labour Party's Senator Victor Umeh Defends Re-Adoption Of Old National Anthem by aieromon(m): 6:10pm On May 30

2 Likes

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