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Travel / Re: General USA Student Visa Enquiries-part 16 by hotznewz: 3:41am On Jun 06, 2022
SIMPLIFIED:
The second person was able to get visa even with the first already there, same for the third and then the fourth. If the fourth person filled the three other siblings are in USA and still got visa then I believe you can get too.
I feel you should find out especially from the fourth person if he filled the three others during his VISA application so can know what to do also, the chances of getting visa approved with three siblings already is almost the same with you having four.

I'm interested in this

Please let me know how the third person did it. Did any of the sibling in the US give POF?
Travel / Re: General USA Student Visa Enquiries-part 16 by hotznewz: 11:16pm On May 31, 2022
Fescoblack:
though I contacted the embassy and they told me to slot is for first come first serve so I should continue to check if I would see a slot

That's a vague statement from them. The question is can we pick either, regardless of your situation
Travel / Re: General USA Student Visa Enquiries-part 16 by hotznewz: 8:31pm On May 31, 2022
It's there a WhatsApp group to post available dates for recently denied candidates? Location is Abuja
Travel / Re: General USA Student Visa Enquiries-part 16 by hotznewz: 8:30pm On May 31, 2022
Is there an email to send expedited requests to for Abuja applicants?
Travel / Re: General USA Student Visa Enquiries-part 16 by hotznewz: 2:07pm On May 31, 2022
Looks like many people I know got denied today.

When will the CGI portal be open to those that got recently denied? Any idea?
Romance / Re: Nigerian Man In US Weds His White Bride In Beautiful Traditional Wears (Video) by hotznewz: 2:43am On Nov 15, 2021
bobolaga:
That is why i like them, the white ladies don't select the way our girls do, this people call white. they love life, plan life with understanding, in our girls is any how will see life we will live with it, average white ladies knew that, the handsome of men is inside them not the faces, the cloths and cars he drive, so don't jealous of his choice he made, that is part of our life journey on earth.

That's cos they can leave anytime that's why they are not picky

Nigerian girls want to stay longer in the marriage which is the better option anyway
Education / Re: JAMB 2020 Exam Slip Printing Begins by hotznewz: 8:14pm On Mar 11, 2020
Education / Re: Jamb Exam Date 2020 And What To Do On JAMB Day by hotznewz: 8:12pm On Mar 11, 2020
Education / Re: How To Reprint JAMB Mock Slip 2018 - Step-by-step Guide by hotznewz: 3:00pm On Feb 19, 2018
Education / Re: Jamb Closes In 2 Days, I'm Yet To Recieve My Pin Please Help Me!!! by hotznewz: 12:11pm On May 04, 2017
Joint Admission Matriculation Board, JAMB mock examination result is out and now available online.

This is to inform all the candidates that participated in the 2017 Joint Admission and Matriculation Board (JAMB) MOCK EXAMINATION conducted on Saturday 29th April, 2017 that they can now check their scores online.

Checking of JAMB mock exam result is free. Follow the procedure outlined below to access your result.

HOW TO CHECK JAMB MOCK EXAMINATION RESULT.
Go to JAMB portal at http://www.jamb.org.ng/efacility/.
Login with your Email and Password.
Click on ‘Result Notification’ from the list of services.
Form the drop down, select ‘UTME Examination (Mock) to access your JAMB Mock Exam Score.
NB: Non participants will see ‘You did not seat for Mock Examination’

http://www.jambcbttest.com/news.php?news=5840
Also practice FREE Online CBT UNLIMITED Past Questions here
Education / Re: JAMB Releases Mock Results by hotznewz: 12:08pm On May 04, 2017
Joint Admission Matriculation Board, JAMB mock examination result is out and now available online.

This is to inform all the candidates that participated in the 2017 Joint Admission and Matriculation Board (JAMB) MOCK EXAMINATION conducted on Saturday 29th April, 2017 that they can now check their scores online.

Checking of JAMB mock exam result is free. Follow the procedure outlined below to access your result.

HOW TO CHECK JAMB MOCK EXAMINATION RESULT.
Go to JAMB portal at http://www.jamb.org.ng/efacility/.
Login with your Email and Password.
Click on ‘Result Notification’ from the list of services.
Form the drop down, select ‘UTME Examination (Mock) to access your JAMB Mock Exam Score.
NB: Non participants will see ‘You did not seat for Mock Examination’

http://www.jambcbttest.com/news.php?news=5840
Also practice FREE Online CBT UNLIMITED Past Questions here
Education / Re: Going For The 2017 Jamb Exam? Come Practice Online Jamb CBT Test For Free! by hotznewz: 6:23am On Jan 21, 2017
I think www.jambcbttest.com is a good one online and it's FREE
Education / Re: Jamb Cbt Test Online by hotznewz: 6:23am On Jan 21, 2017
I think www.jambcbttest.com is a good one online and it's FREE
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 9:26am On Sep 29, 2016
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 9:16am On Sep 29, 2016
Edo Governorship Election Results winner-of-edo-state-governorship-elections - http://news.naijaobserver.com/view/90144/breaking-obaseki-is-winning-edo-state-election


Please keep refreshing your browser for the latest updates

The flag bearer of the All Progressives Congress, APC Godwin Obaseki of and Pastor Osagie Ize-Iyamu of the Peoples Democratic Party, PDP are in a tight race for Edo State governorship election, but from all indication the APC candidate might the eventual winner.

Edo Governorship Election Results winner-of-edo-state-governorship-elections

Reports suggest that after collation of 727 Polling Units out of 2,672 Units in Edo state, APC has a total of 69,196votes while PDP has 75,088votes; with over 13000 rendered invalid.

Disclaimer: Please note that the results below are unofficial as only INEC has the right to collate and announce the results of the election.

1:59am: Delay of results announcement triggers agitations at INEC Headquarters. Young men and women throng the place. Police won’t allow them access into the premises.

12:30am: Thursday, September 29, 2016: More vehicles moving into INEC Headquarters blaring siren. It appears they have some results, Seun Okinbaloye said.

10:00pm: INEC National Commissioner, Solomon Soyebi, says no result is at the INEC Headquarters yet. Reporters still waiting.

“From tracking we know that some results are ready,” he said, but could not give the number of local council where results are ready.

“So far so good. This is one of the most beautiful elections we have conducted in recent times. It was very peaceful. There was large voters’ turnout. The good people of Edo State conducted themselves very properly,” the INEC official stated.

He confirmed that there were pockets of ballot snatching, but said it was minimal compared to expectations.

Source at INEC say the first collated official guber election results for the Edo is likely to be ready in 5 hours.

Oredo LGA

APC 37,612

PDP 30,492

Vote cast 73,712

Valid votes 67401

Rejected votes 4311

The PDP takes APC by surprise in 13 LGAs, after 950 Polling Units.

PDP 109,783

APC 73,890

Obazuwa – APC 80, PDP 47

Odighi Unit 11 – APC 107, PDP 11

Unit 12 Odighi – APC 151, PDP 24

Okuen – APC 28, PDP 9

Odigueten – APC 137, PDP 60

Egor Ward 1:

Unit 1 APC 129 PDP 86

Unit 2 APC 139 PDP 53

Unit 3 APC 119 PDP 82

Unit 4 APC 176 PDP 102

Unit 5 APC 121 PDP 85

Unit 7 APC 143 PDP 72

Unit 8 APC 87 PDP 109

Unit 9 APC 207 PDP 97

Unit 10 APC 128 PDP 126

Unit 11 APC 126 PDP 79.

Unit 12 APC 65 PDP 99.

Unit 13 APC 192 PDP 113

Ekosodin, Ovia NE, Unit 13

APC 67

PDP 144

Esan south East Unti 10 ward 10

APC 72

PDP 275

Owan West LGA Ward 11 results for all 19 Polling Units

APC 1461

PDP 989

Orhionwmon LGA Ward 5

Unit 26 APC 1

PDP 369

Ovia South West LGA Udo Ward 5 Unit 2

APC 159

PDP 62

Total Result, Esan North East, Ward 11:

APC 648

PDP 1211

winner-of-edo-state-governorship-election

Esan south East unti 10 ward 10.. APC 72, PDP 275,

Esan south East unti 10 ward 10.. APC 72, PDP 275,

AKOKO-EDO WARD 9 UNIT 1:

APC 653

PDP 106

UNIT 2: APC 416, PDP 148

Esan North East Ward 10 unit 5

APC 204

PDP 193

Esan North East Ward 10 unit 7

APC 92

PDP 69

Etsako West LGA Ward 5 Unit 6

APC 238

PDP 94

Owan East Ward 11 Unit 2

APC 244

PDP 39

Owan East Ward 11 unit 3

APC 179,

PDP 68.

Owan East Ward 11 unit 4

APC 217,

PDP 59

Owan East Ward 11 unit 5

APC 248

PDP 32

Owan East Ward 11 Unit 5

APC 248

PDP 32

Owan East Ward 11 unit 10,

APC 79

PDP 30

Owan East Ward 11 unit 8

APC 186

PDP 65

Owan East Ward 11 unit 9

APC 137

PDP 52

Owan East Ward 11 unit 12

APC 158

PDP 48

Owan East Ward 11 unit 13

APC 217

PDP 10

Etsako Central ward 1, Units:

1: APC 161, PDP 151

2: APC 130, PDP 98

3: APC 122, PDP 123

Akoko Edo, Ward 5, Unit 5:

APC 58

PDP 46

Oredo LG so far: Results Collation:

APC 2175

PDP 1950

Owan East Ward 11 unit 6

APC 187

PDP 38

Owan East Ward 11 unit 4

APC 217

PDP 59

Owan East Ward 11 unit 1

APC 186

PDP 34

Ward 8, Efandion, Uromi

PDP 1,728

APC 785

Etsako West, Ward 11, Unit 2

APC 147

PDP 23

Etsako Central Ward 1, Unit 7

APC 41

PDP 60

Esan Central, Ward 3 Unit 7:

APC 65

PDP 74

Esan North East Ward 7, Unit 13

PDP 239

APC 103

Oredo Ward 1, Unit 18

APC 208

PDP 168

Orhionwon Ward 12 unit 9

APC 102

PDP 54

Orhionwmon Ward 11, Unit 3

APC 113

PDP 192

Ovia North East LGA, Ward 1, Unit 2

PDP 289

APC 224

Orhionwon Ward 12 Unit 10

APC 26

PDP 57

Oredo Ward 4 Unit 19

APC 160

PDP 77

Esan North East Ward 11, Unit 1

APC – 93

PDP – 128

Etsako East Ward 8 unit 8:

APC 163

PDP 210

winner-of-edo-governorship-election

Ikpoba okha Ward 7 unit 34

Apc 159

PDP 81

Etsako West, Ward 10 Unit 1

PDP: 2 votes

APC: 752 votes

Ikpoba Okha Ward 9 Unit 25

APC 50

PDP 50

After collation of 520 polling units.

APC – 53238

PDP – 55112

Invalid – 7391

winner-of-edo-state-governorship-election

After 450 Polling Units, APC leads with over 3,000 votes:

APC 51,793

PDP 48,029

Uhunmwode Ward 8, Unit 1

APC – 211

PDP – 75

PDP edge out APC in Fugar, Etsakor Central local government area.

Ward 2 Unit 4

APC 214

PDP 308

With 404 polling units in so far:

APC- 45, 095

PDP- 41,712

With 387 polling units in so far:

APC- 42,176

PDP – 39,606

Invalid – 6,291

Owan East Eke Primary School 007/011

PDP – 120

APC – 107

Invalid – 229

Ward 5 Unit 1

APC 77

PDP 129

APC edge out PDP in Ordo

Ward 11, Unit 17

APC 103 PDP 81

Ward 11, Unit 19

APC 98 PDP 95

Ward 11, unit 20,

APC 110 PDP 73

Ward 11, unit 21

APC 103 PDP 81

Etsako West, (AUCHI) Ward 2, Unit 1 PDP 94 APC 176 ACPN 5

Estako West, ward 11, UNIT 11 APC 239 PDP 54 Invalid 470

Esan West, UNIT 11 APC 69 PDP 158 Invalid 21

Ikpoba Okha Ward 2, Unit 12 APC – 92 PDP – 85

Akoko Edo ward 5 unit 3 ,APC 177, PDP 75

Oredo Ward 1 unit 6 APC 150 PDP 96

Ovia North East LGA, Ward 6, Unit 6. APC 231 PDP 151

Oredo Ward 2, Unit 1 (Oyegun’s unit) APC – 69 votes, PDP – 78 votes.

Orhionmwon Ward 1, Unit 12: APC 119 PDP 70

Oredo Unit 2; APC 93 ,PDP 90 ward 12

EGOR LGA, Ward 3,Unit 18; AA – 23, APC – 279, KOWA – 17, PDP – 288, SDP -21, UPP – 0

UNIT 19 ; APC- 117, KOWA – 6,PDP – 422, SDP – 13, UPP – 1
Politics / Re: ‎edo Governorship Election 2016 – LIVE UPDATES by hotznewz: 6:19pm On Sep 28, 2016
Catch all the Edo election updates on news.naijaobserver.com/category/edo-decides


With the commencement of the governorship election in Edo State, the Peoples Democratic Party, PDP, says it has uncovered plots by the All Progressives Congress, APC, to rig the poll. A statement by the party’s spokesman, Prince Dayo Adeyeye alleged that the APC, in an attempt to manipulate results of the poll, has connived with some staff of the Independent National Electoral Commission, INEC, by writing fake results for nine Local Government Areas in the state. According to Adeyeye,“We have become aware that senior members of the All Progressives’ Congress (APC), in collusion with certain staff of the Independent National
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 6:04pm On Sep 28, 2016
http://news.naijaobserver.com/view/89314/edo-election-female-police-officer-arrested-for-collecting-bribe


The unidentified officer was reportedly caught in the act by members of the All Progressives Congress (APC).

A female police officer has been arrested in Edo State for collecting a bribe from a chieftain of the Peoples Democratic Party (PDP), reports say.

The unidentified officer was reportedly caught in the act by members of the All Progressives Congress (APC).

According to Vanguard, the incident occurred at unit 28, ward 7 in the Ikpoba Okhai Local Government Area.

The officer is said to have been locked up at the Ugbekun police station after the incident.
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 5:37pm On Sep 28, 2016
kahal29:


Why are you wasting you time trying to explain to them. Allow them to glory in their ignorance

You don't have to be this way. For the records, you've gotten no reward for this. angry grin
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 5:35pm On Sep 28, 2016
collinsflex:
Bro LeaderNG are updating with a US IP or the site operator is based there.. So Take note of the time It LA time.

Noted bro!
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 4:50pm On Sep 28, 2016
kahal29:
Current Result

Tweet is 8:00 AM bro wink
Politics / Re: Edo Governorship Election 2016: Live Updates (Pictures) by hotznewz: 4:48pm On Sep 28, 2016
Catch all the Edo election updates on [url=news.naijaobserver.com/category/edo-decides]news.naijaobserver.com/category/edo-decides[/url]


With the commencement of the governorship election in Edo State, the Peoples Democratic Party, PDP, says it has uncovered plots by the All Progressives Congress, APC, to rig the poll. A statement by the party’s spokesman, Prince Dayo Adeyeye alleged that the APC, in an attempt to manipulate results of the poll, has connived with some staff of the Independent National Electoral Commission, INEC, by writing fake results for nine Local Government Areas in the state. According to Adeyeye,“We have become aware that senior members of the All Progressives’ Congress (APC), in collusion with certain staff of the Independent National
Webmasters / Re: Advertise For FREE On Over 2000 Well-Known Blogs/website - Ad.naijaobserver.com by hotznewz: 3:21pm On Sep 26, 2016
VocalWalls:


You won't get more than 2 or 4 visitors from it daily.

You dont get published on all 2k blogs. And they publish their adsense ads on your site through their codes.

2 or 4 daily visitors from it is not a bad start for me. They may do better later but I don't agree with them putting their Adsense code on my site without paying me a share of what they get.

From a little lookup I think [url=ad.naijaobserver.com]ad.naijaobserver.com[/url] does not slot in Adsense code. It's adblabla that does that shitty thing. I'd try ad.naijaobserver.com. If adblabla starts paying a percentage of what they make from Adsense to publishers then I'd also signup with them wink

#just my opinion# What do you think?
Webmasters / Re: Advertise For FREE On Over 2000 Well-Known Blogs/website - Ad.naijaobserver.com by hotznewz: 11:56pm On Sep 24, 2016
VocalWalls:


Its a waste of time

Oops!!! So you are not advising me to try it right? How do they operate though? Is it truly totally FREE? *hope I'm not asking too much though*
Webmasters / Re: Is Creating Quality Content Enough To Start Earning From Adsense? by hotznewz: 7:56pm On Sep 24, 2016
Sorry to bother you guys but this might be just helpful to one or two persons who needs more customers for a product or wants to spend ZER0 Naira as advertising cost.

Check it out http://ad.naijaobserver.com is a free Ad Network that takes your blog/site traffic to the next level. You are guaranteed a 50% revenue increment.

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Webmasters / Re: Advertise For FREE On Over 2000 Well-Known Blogs/website - Ad.naijaobserver.com by hotznewz: 7:52pm On Sep 24, 2016
VocalWalls:
Just like adblabla

I guess so. What do you think about it?
Investment / Re: Nigerians Ignore SEC's Warning On MMM, Say "MMM Is Not A Scam" by hotznewz: 11:01am On Sep 13, 2016
Sorry to bother you guys but this might be just helpful to one or two persons who needs more customers for a product or wants to spend ZER0 Naira as advertising cost.

Check it out http://ad.naijaobserver.com is a free Ad Network that takes your blog/site traffic to the next level. You are guaranteed a 50% revenue increment.

Signup today and get 1000 FREE token.

The more your traffic the more your revenue.
Don't miss out.
http://ad.naijaobserver.com/signup

Business / CBN Faces More FOREX Crisis As Naira Drops By 40% In 18 Months by hotznewz: 1:11am On Sep 05, 2016
The Nigerian foreign exchange market has in recent times been facing challenges as the naira has lost close to 40 per cent in 18 months.

Specifically, the naira has lost so much of its value on the streets even as the gap between the official exchange rate and the parallel market has continued to widen beyond control. Between December 2014 and June 2016, the value of the naira depreciated by nearly 40 per cent at the Central Bank of Nigeria,CBN window from N165 to the dollar which it was, at the end of December 2014. The depreciation at the parallel market has been more alarming.

CBN Governor, Mr Godwin Emefiele
CBN Governor, Mr Godwin Emefiele
Yet, the pressure on the foreign exchange market is not being helped by the declining value of Nigeria’s major source of foreign exchange, oil, at the international market.

The price of crude has been yo-yoing, thereby impacting heavily on Nigeria’s revenue and foreign exchange reserve, which has so far declined by 18.6 per cent to $28.06 billion from the $34.46 billion it was at the beginning of 2015.

In trying to stem the problem posed by the foreign exchange challenge, the CBN has chosen the path of capital control by embarking on measures to reduce the rate of foreign exchange outflow from the reserves. One, CBN has exempted 41 items from the list of eligible items for foreign exchange, and closed the retail Dutch Auction System (rDAS) in favour of an order-based system.

It has also reduced daily and annual limits on naira cards outside the shores of the country from $150,000 to $50,000 annually and $300 daily, and backed the move by banks to stop accepting foreign currency deposits as well as the recent ban on the usage of naira denominated cards abroad.

Asides this, it also reduced its weekly foreign exchange sales to BDCs from $30,000 to $10,000 and eventually stopped the sales out rightly early this year. Economic experts have however suggested that the nation’s solution to the current foreign exchange shortfall is to find a way to supplement foreign exchange inflow through increased export earnings, foreign direct investments and Diaspora inflows.

Of all these three sources, Diaspora inflows appear the most readily available source the country can harness to solve the macro-economic challenges posed by foreign exchange shortfall. This is because remittances are the second largest source of foreign exchange in Nigeria after the oil sector. In 2015, an estimated $21 billion flowed into the country, including $5.7 billion sent from the United States and about $3.7 billion from the United Kingdom.

For 2016, the World Bank estimates that nearly $34 billion in remittances will flow into Sub-Saharan Africa from the more than 30 million Africans living outside their countries of origin. Nearly two-thirds of this expected inflow in 2016, according to World Bank data, will come into Nigeria.

Perhaps it is this huge significance of the money transfer sector to the nation’s economic life that informed the recent efforts by CBN to ostensibly clean the sector. In a recent policy pronouncement, CBN advised citizens to “beware of the unwholesome activities of some unlicensed International Money Transfer Operators” currently plying their trade in the country.

Citing “the greater economic good of Nigeria,” the Central Bank stated that it would “not condone any attempt aimed at undermining the country’s foreign exchange regime”. Consequently, the regulator first revoked the licences of all but three money transfer companies that had been doing money transfer business in the country, before later approving a second batch of eleven other new international money transfer operators to bring the total number of approved operators for now to fourteen.

The three MTOs that first passed the CBN litmus test were Western Union, MoneyGram and RIA. The second batch of newly registered eleven operators included Trans-East Remittance LLC; WorldRemit Limited; UAE Exchange Centre LLC; Home Send S.C.R.L; Cash point Limited; Weblink International Limited; DT&T Corporation Limited; Wari Limited; Small World Financial Services Group Limited; Fiem Group LLC and CP Express Limited.

According to industry watchers and analysts who have lauded CBN’s recent steps, operators’ practices have not been adding much value to the Nigerian economy or benefit an average Nigerian, it only helps the parallel market to survive and flourish as individual accounts are mostly used during transactions.

Thus, CBN in its bid to ensure the money transfer is legal and transparently beneficial to the Nigerian economy has ordered all licensed MTOs in line with the CBN circular on the sale of foreign currency proceeds of July 22, 2016 to remit foreign currency to respective agent banks in Nigeria for disbursement in naira to the beneficiaries while the foreign currency proceeds are to be sold to Bureaux De Change, for onward retail to end users. The apex bank also ordered all MTOs to only send 50% of their remittance going forward.

In what looks like a mission to protect Nigerians against fraud and other negative antics of many money transfer organizations in the country that is undermining the apex bank’s bid to ensure liquidity and increase the availability of dollars in the system, CBN seems to have taken the least fraud prone approach of allowing only three companies that have physical operations on the ground in Nigeria to continue to function while insisting on others newly allowed into the segment to physically set up shop in the country.

Of the three approved frontline MTOs in this new dispensation, MoneyGram, for example has Lagos as its operational hub for Anglophone West Africa while both Western Union and MoneyGram have strong partnership with almost all deposit banks in addition to a large pool of agents across the country. It is also a fact that operationally, these three MTOs control over 70 percent of the market. Given the fraud-prone nature of the money transfer business, the need for operators to have traceable presence in the country cannot be over-emphasized.

It may be argued that we are in an age where innovative technology is changing the way customers meet their financial needs, hence the growing importance of mobile money and preference for strong digital platform against virtual or physical network presence by MTOs.

On this score also, an array of digital channels and convenient solutions being marshalled by the leading operators in the market are already becoming a disruptive force. In this regard, the operators’ suite of self-service products and offerings coupled with the strength of their physical network have in no small measure promoted the culture of mobile money as a strength of the cashless economy drive being championed by CBN.

The mobile money culture expectedly brings financial inclusion to millions of people – allowing them to perform financial transactions with a new level of ease and convenience. Mobile money has emerged as the primary payments system in countries where there was limited or no access to formal financial services. The World Bank estimates that less than a quarter of Africa’s 1.4 billion people have a bank account, but 70 per cent have a mobile phone. That has made the continent particularly fertile ground for the mobile-payments business.

In its 2015 figures, one of the two foremost operators said its digital channel showed impressive growth throughout the year with fourth-quarter transactions up 42 per cent and revenue growth of 48 per cent. Additionally, it revealed that 14 per cent of its money transfer transactions and 12 per cent of its total money transfer revenue came from digital in the quarter, representing over $163 million when annualizing fourth-quarter revenue.

The noticeable trend in the operations of this MTO of note is its significant progress toward its declared goal to have 15 per cent to 20 per cent of its money transfer revenue coming from digital in 2017.

By working hard to completely overhaul on-line experience, launch kiosks and add millions of mobile wallets with a view to connecting to almost 2 billion bank accounts, this operator aims at pushing digital capabilities further into the physical world through customer profiles and new point of sale technologies which will ensure delivery of a more seamless customer experience.

The merging of physical locations and virtual and online network is no doubt a key competitive advantage while the increasing growth of agents’ location is an extremely important extension of the value adding profile of money transfer business to all stakeholders. Among others, it enhances the reduction of fraud in the transaction process.

Of significance also are the various issues relating to pricing of transactions. Pricing can vary from market to market as fees reflect the many benefits offered by the service sought. A study of rates and fees across several markets however shows that Nigeria is well within range. For example, as indicated on the company’s website, the MoneyGram global average fee including foreign exchange, of less than 5 percent of the face value of the money transferred is substantially lower than the average fee for an international bank transfer and is very competitive in the fund transfer industry.

This fee is lower than the World Bank and G8 goals to provide affordable remittance services to underdeveloped parts of the world. Of additional benefit to the country however is the fact that local agents retain approximately half of the fee paid by the consumer, which in turn is re-invested in local businesses.

http://news.naijaobserver.com/view/23256/cbn-faces-more-forex-crisis-as-naira-drops-by-40-in-18-months

Read all your news at news.naijaobserver.com
Politics / Nigerians May Die Before Buhari Completes Reforms - Shehu Sani Warns by hotznewz: 10:23am On Sep 04, 2016
The Chairman, Senate Committee on Local and Foreign Debts, Senator Shehu Sani, has warned the Federal Government to put short-term measures in place to cushion the effect of the current economic crisis on the Nigerian masses or risk the people dying before he completes his reforms.

The lawmaker, who represents Kaduna-Central Senatorial District at the Senate, told Sunday Punch that many lives would have been lost before the current reforms of the President Muhammadu Buhari government are completed.

According to him, “If you happen to be in a position of power, inasmuch as you want to bring reforms that are painful, you have to understand the need for you to carry the people along because if you keep on bringing reforms and continue to unleash hardship on the people, you may as well say there is a paradise but people need to be alive to reach that paradise.


“If you keep reforming and reforming and the people are suffering and dying, you may reach the Promised Land alone because by that time everyone has died. Of what use would that be?”

Sani, who criticised Buhari for not having an independent economic team to drive the economy out of recession, noted that the goodwill the All Progressives Congress, APC, enjoyed at the polls, which led to the emergence of Buhari as president, was waning fast.

This, he said, is in view of the increasing number of open letters on the hardships being suffered by Nigerians.

His words, “Let me tell you how it started, which is general with all persons who just took power in Nigeria. In 1979 and 1999, when a new president assumed office, he would have the support of all Nigerians. The first stage will be, ‘We support you; we stand by you and we are going to back you.’


“The second stage will be, ‘We are advising you.’ The third stage will be, ‘We are cautioning you.’ At the fourth stage, Nigerians will say, ‘We are warning you.’ The fifth stage will be, ‘We doubt you.’ The sixth stage, it will be, ‘You are incompetent.’ The seventh stage will be, ‘You should go.’

“When you study these stages, you will see that we have moved behind 100 per cent support to “advise.” And with letters flying and criticisms following, it is about “cautioning.” And I think the handwritings are on the wall for everybody to see.”

http://news.naijaobserver.com/view/22797/nigerians-may-die-before-buhari-completes-reforms-ndash-shehu-sani-warns

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Politics / Nigerian Newspapers: 10 Things You Need To Know This Sunday Morning by hotznewz: 10:15am On Sep 04, 2016
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Good morning! Here are 10 things you need to know this morning:

1. Report says a permanent secretary in Ogun State, Mrs. Olubunmi Odumusi is dead. According to the report, she died 24 hours after the Ogun State governor, Senator Ibikunle Amosun, swore-in fourteen of them. She reportedly died in her sleep on midnight of Friday.

2. Workers of Aero Contractors Airline have been assured by the federal government that the airline would be revived. The Minister of State for Aviation, Senator Hadi Sirika gave the assurance yesterday while addressing the protesting staff of the airline who took over its headquarters at the Murtala Muhammed International Airport, Lagos on Friday.


3. Former President, Olusegun Obasanjo has said that neither the APC nor the PDP were strong parties needed for the development of Nigeria’s democracy. While speaking at his home in Abeokuta after a meeting with factional PDP Chairman, Ali Modu Sheriff, Obasanjo said the country needed a strong ruling party and a formidable opposition for the sustenance of democracy.

4. Report has it that gunmen, Saturday morning kidnapped three children in Makurdi, Benue State. According to the report, the victims, Afred Adunm and two of his sisters were on their way to the farm when they were attacked and ordered into a waiting vehicle which drove towards Adoka-Ankpa road.

5. Mr Taye Adeuti has emerged as governorship candidate of the Labour Party (LP) for the Nov. 26 governorship election in Ondo State. Adeuti emerged through unanimous voice votes after the other aspirant, Mr Gbenga Ojo, withdrew from the race.

6. New Super Eagles coach, Gernot Rohr, Saturday won his first game for the country after Nigeria beat Tanzania 1-0 in an inconsequential 2017 Africa Cup of Nations qualifier at the Godswill Akpabio International Stadium in Uyo, Akwa Ibom.
Kelechi Iheanacho scored the only goal after Nigeria missed several chances in the encounter.


7. The FCT Minister, Muhammad Musa Bello, has directed the Abuja Environmental Protection Board (AEPB) and the FCT Task Team on Environment to get rid of herdsmen involved in grazing. The minister also directed the two agencies to stop hawkers selling on pedestrian bridges. He also threatened to fire school principals whose school performs below expectation in the coming WASSCE and NECO exams.

8. A former President of the Nigeria Bar Association, NBA, Rotimi Akeredolu, has won the governorship primary of the All Progressives Congress, APC, in Ondo State. Akeredolu defeated Mr. Segun Abraham who is believed to be the candidate of the national leader of the party, Bola Ahmed Tinubu.

9. Former Group Managing Directors, GMD, of the Nigerian National Petroleum Corporation, NNPC, has warned that if left unattended to, the current challenges bedevilling Nigeria’s oil and gas sector was capable of leading to its total collapse. They disclosed this yesterday after a brainstorming session with corporation’s current GMD, Dr. Maikanti Baru.

10. Officials of the Nigerian Security and Civil Defence Corps (NSCDC) and men of the Nigeria Police Force (NPF) Saturday clashed at the venue of the All Progressive Congress, APC, primary election in Akure, the Ondostate capital. This led to confusion and fears. Trouble reportedly started after the NSCDC officials refused to salute the Deputy Inspector General of Police, DIG, Mr. Joshak Habila and the Assistant Inspector General of Police, AIG in charge of zone 11.

http://news.naijaobserver.com/view/22763/nigerian-newspapers-10-things-you-need-to-know-this-sunday-morning

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