they can be unpredictable some times

magabounce:
Aii!!!
Just as any businessman would do..
Now dat Radio stations are laying off workers.
I hope 94.7 won't follow suit

Virtually all small businesses today must accept credit card payments, and with the growth of e-commerce, accepting online payments has increasingly become a must do. Unfortunately, this means small businesses must expose themselves to the multi-billion dollar industry of credit-card processing fraud.
Thankfully, there are basic steps small businesses can take to minimize their vulnerability. Here’s how you can minimize the risk of being a victim of e-commerce credit-card processing fraud:
1. Limit failed transactions.

There is a robust online market for stolen credit cards on the dark web. Fraudsters will buy credit cards by the dozens and use them to purchase e-commerce merchandise–especially from small businesses because smaller companies have fewer protections than larger business.

Thankfully, fraudsters who use stolen credit cards are often sloppy or have incomplete information about the victim cardholders. As a consequence, they often use software to guess at things like .cardholders’ zip code or Security code, and with a payment gateway that isn’t properly configured, they can guess thousands of times via software, until they guess the right answer.

By simply limiting the number of failed transactions that process through the payment gateway before a card is completely blocked, you effectively limit the number of “bad guesses” that a fraudster can do. Generally, setting the number at two to three failed attempts is sufficient to ensure that legitimate customers can fix a typo, while also being a low enough number to ensnare most fraudsters attempting to guess at cardholder information.
2. Limit damage by flagging large transaction sizes.

Source:http://www.pajontech.com/2016/06/how-to-prevent-credit-card-processing.html

One of the Silverbird Group properties sealed in a receivership action by Assets Management Corporation of Nigeria, AMCON, has been re-opened.
Normal business activities resumed on Thursday afternoon at the Silverbird Galleria in Abuja following a takeover of the company’s properties in Lagos, Abuja, and Port Harcourt in the morning.

AMCON announced on Thursday, June 23, 2016 that it had taken over the assets of three of SilverBird Group businesses: Silverbird Galleria Limited, Silverbird Promotions Limited, and Silverbird Showtime Limited.
The three companies are companies are co-owned by Mr. Murray-Bruce and his brothers, Guy Murray-Bruce, Michael Murray-Bruce, as well as his son, Jonathan Murray-Bruce.
The latest move by AMCON came two months after the agency, established in 2010 to manage delinquent loans of big firms and individuals, appointed Muiz Banire as the receiver/manager of the companies, following an alleged failure to meet up loan obligations with Union Bank of Nigeria.
Banire is also the legal adviser of the ruling political party in Nigeria, the All Progressives Congress, APC.

Source:http://www.sarakinews.com/2016/06/amcon-takeover-silverbird-galleria-in.html

The Senate resolves to invite the NCC, Central bank of Nigeria and other stakeholders to brief the Senate on why the reduction was made.

PRESENTATION OF BILLS
Bills Presented for First Reading:
1. National Environmental Standards Regulatory Enforcement Agency Act 2007 (Amendment) Bill 2016 (SB 207) by Sen Gilbert Nnaji (Enugu East)
2. Independent National Electoral Commission Act 2010 (Amendment) Bill, 2016 (SB. 297) by Senator Monsurat Sunmonu(Oyo Central).
3. Tertiary Education Trust Fund Act 2007 (Amendment) Bill, 2016 (SB. 300) by Senator Abdullahi Adamu (Nasarawa West).
4. Integrated Community Development Agency (Est., etc.) (SB. 305) by Senator Stella Oduah (Anambra North).
5. Legal Framework for Public Private Partnership (Est., etc) (SB. 306) by Senator Mustapha Bukar (Katsina North).
6. Universal Basic Education Act 2003 (Amendment) Bill 2016 (SB. 307) Senator Suleiman Adokwe (Nasarawa South).
7. Correction, Reformation and Re-integration Centre (Est., etc) Bill, 2016 (SB. 308) by Senator Gershom Bassey (Cross River South).
8. Maritime University of Nigeria Oron (SB. 309) by Senator Nelson Effiong (Akwa-Ibom South).
9. Personal Information Protection Bill 2016 (SB. 310) by Senator Stella Oduah (Anambra North).
10. Cattle Movement (Control) Bill, 2016 (SB. 311) by Senator Chukwuka Utazi (Enugu North).

Source:http://www.sarakinews.com/2016/06/senate-present-10-bills-today-for-first.html

The Senate resolves to invite the NCC, Central bank of Nigeria and other stakeholders to brief the Senate on why the reduction was made.

PRESENTATION OF BILLS
Bills Presented for First Reading:
1. National Environmental Standards Regulatory Enforcement Agency Act 2007 (Amendment) Bill 2016 (SB 207) by Sen Gilbert Nnaji (Enugu East)
2. Independent National Electoral Commission Act 2010 (Amendment) Bill, 2016 (SB. 297) by Senator Monsurat Sunmonu(Oyo Central).
3. Tertiary Education Trust Fund Act 2007 (Amendment) Bill, 2016 (SB. 300) by Senator Abdullahi Adamu (Nasarawa West).
4. Integrated Community Development Agency (Est., etc.) (SB. 305) by Senator Stella Oduah (Anambra North).
5. Legal Framework for Public Private Partnership (Est., etc) (SB. 306) by Senator Mustapha Bukar (Katsina North).
6. Universal Basic Education Act 2003 (Amendment) Bill 2016 (SB. 307) Senator Suleiman Adokwe (Nasarawa South).
7. Correction, Reformation and Re-integration Centre (Est., etc) Bill, 2016 (SB. 308) by Senator Gershom Bassey (Cross River South).
8. Maritime University of Nigeria Oron (SB. 309) by Senator Nelson Effiong (Akwa-Ibom South).
9. Personal Information Protection Bill 2016 (SB. 310) by Senator Stella Oduah (Anambra North).
10. Cattle Movement (Control) Bill, 2016 (SB. 311) by Senator Chukwuka Utazi (Enugu North).

Source:http://www.sarakinews.com/2016/06/senate-present-10-bills-today-for-first.html

How Senate President Inaugurated Ad-Hoc Commitee to Audit

Today, Senator Bukola Saraki inaugurated the Ad-Hoc Committee which has been tasked by the Senate to take an exhaustive and comprehensive look at the recently presented physical audit of the 2013 Annual Report of the Nigerian Extractive Industries Transparency Initiative (NEITI).

Additionally, I also declared open the Public Hearing on this report, which has provided us with crucial facts and data, needed to constructively engage with relevant stakeholders on the way forward.
We must all understand that accountability and audit are at the heart of our legislative work, in this regard, the Committee has been mandated to fully x-ray this report, and find out how over N1 trillion was lost in Nigeria’s extractive sector in 2013 alone.
We need to find out what went wrong; how it went wrong; who is to blame; how much exactly we lost; and how to plug these loopholes through the legislative process.
It is great to see that since the Senate considered this report with the leadership of NEITI, some federal agencies have made pronouncements to swing into action - however such commitments came a little too late.
More here>>http://www.sarakinews.com/2016/06/photo-how-senate-president-inaugurated.html

Today, Senator Bukola Saraki inaugurated the Ad-Hoc Committee which has been tasked by the Senate to take an exhaustive and comprehensive look at the recently presented physical audit of the 2013 Annual Report of the Nigerian Extractive Industries Transparency Initiative (NEITI).

Additionally, I also declared open the Public Hearing on this report, which has provided us with crucial facts and data, needed to constructively engage with relevant stakeholders on the way forward.
We must all understand that accountability and audit are at the heart of our legislative work, in this regard, the Committee has been mandated to fully x-ray this report, and find out how over N1 trillion was lost in Nigeria’s extractive sector in 2013 alone.
We need to find out what went wrong; how it went wrong; who is to blame; how much exactly we lost; and how to plug these loopholes through the legislative process.
It is great to see that since the Senate considered this report with the leadership of NEITI, some federal agencies have made pronouncements to swing into action - however such commitments came a little too late.

Source:http://www.sarakinews.com/2016/06/photo-how-senate-president-inaugurated.html

you very correct bro na we d worry ourself they always have a way of settling

Rawblings:
In reality, when there's money, there's unity among politicians irrespective of tribe or religion

Earlier today,president of the senate, Bukola Saraki had a distinct pleasure of attending the Tafsirul Quran led by Fadhilat Sheikh Sulaiman Faruq Onikijipa Almiskinbillai in Ojodu, Lagos State photo below

Source:http://www.sarakinews.com/2016/06/photos-from-bukola-saraki-fadhilat.html

The two were accused of forging the 2015 Senate Standing Rules used in electing them to office.
The immediate past Clerk to the National Assembly, Salisu Maikasuwa, and his deputy Benedict Efeturi were also charged alongside Saraki and Ekweremadu.

The charges were filed over a year after the controversial election and inauguration of the two principal officers on June 9, 2016.
Senator Suleiman Hunkuyi, who is the secretary of Unity Forum, a group of All Progressives Congress Senators opposed to the emergence of Saraki, had petitioned the Inspector General of Police after the election, alleging that the Standing Rules used for the exercise was forged.

more here>>http://www.sarakinews.com/2016/06/breaking-see-new-federal-government.html

Yesterday, Bukola saraki was at the Dua for Iftar in Lagos, after their deliberations at the Constitution Review Committee
.
the senate president and other Distinguished Senators came together to pray for Nigeria prior to the breaking of their fast.
May God continue to bless our great Federal Republic!

SOurce:http://www.sarakinews.com/2016/06/see-what-senate-president-was-spoted.html

The Economic and Financial Crimes Commission, EFCC, has beamed its searchlight on governor Samuel Ortom of Benue State for allegedly transferring the state’s cash amounting to N4.29 billion from banks to unknown recipients.

An insider hinted Vanguard, last night, that the agency received two petitions against the governor and some top officials of the administration and had already commenced investigation into the matter, even though the governor is covered by immunity while in office.

Source:http://www.sarakinews.com/2016/06/efcc-beamed-its-searchlight-on-ortom.html

The Nigeria Police has reopened the case of alleged forgery of Senate standing rules by some senators. It had invited the presiding officers of the Seventh Senate and relevant individuals to appear before it.

The rules were alleged to have been forged to alter the pattern of electing presiding officers from hitherto open ballot system to secret ballot at the inauguration of the Eight Senate on June 9, 2015.

More Here>>http://www.sarakinews.com/2016/06/shoking-as-police-reopen-alleged.html

Senate President, Dr. Abubakar Bukola Saraki on Wednesday described as a "rude shock" the news of the death of the former Skipper and Chief Coach of the Super Eagles, Stephen Okechukwu Keshi.

Saraki in a statement by his Special Adviser, Media and Publicity, Yusuph Olaniyonu, said the sad occurrence was both painful and unfortunate coming at a time the nation is in dire need of wisdom and rich experience of sports professionals like the late international star to stabilize its soccer architecture.
Saraki lauded the monumental contributions of Keshi to the development of football in the country and extolled his doggedness and exemplary contributions that saw the nation clinch international trophies both as a player and a coach.
Saraki said: "Keshi was an excellent star. His soccer artistry and leadership skills remain unparalleled. His days, while donning the national colours and his stint as a National Coach of the Super Eagles could rightly be regarded as "Nigeria's golden moments" in both national, continental and world soccer.
"Keshi lost his wife late last year and today we heard the sad news of his demise. This must be a heavy burden for the family to bear. His death at 54 is both a rude shock and highly unfortunate.
"Nonetheless, we must take solace in the fact that he did his utmost for the development of sports in Nigeria, Africa and the world, during his sojourn on earth.

source:>>http://www.sarakinews.com/2016/06/great-speechsaraki-eulogize-late.html

Keshi led the Eagles to their first Cup of Nations triumph for nearly 20 years in 2013. His death came less than seven months he lost his wife, Kate, to cancer.
“With thanksgiving to God, the Ogbuenyi Fredrick Keshi family of Illah in Oshimili North Local Government Area of Delta State, announces the death of Mr. Stephen Okechukwu Chinedu Keshi,” said Emmanuel Ado, brother to the deceased in a statement.
“Our son, brother, father, father-in-law, brother-in-law, has gone to be with his wife of 35 years (Nkem ), Mrs. Kate Keshi, who passed on on the 9th December 2015.
“Since her death, Keshi has been in mourning. He came back to Nigeria to be with her. He had planned to fly back today Wednesday before he suffered a cardiac arrest. He has found rest.”

Source: >>>http://www.sarakinews.com/2016/06/former-super-eagles-coach-stephen-keshi.html

Obama:
President Barack Obama paid tribute Saturday to late boxing great Muhammad Ali, saying that he was a towering champion “who fought for what was right” not just in the ring but outside it as well.
The former heavyweight champion, who passed away late Friday after struggling for years with Parkinson’s, was “a man who fought for us,” the US president said.

“His fight outside the ring would cost him his title and his public standing. It would earn him enemies on the left and the right, make him reviled, and nearly send him to jail. But Ali stood his ground. And his victory helped us get used to the America we recognize today.”
Source: http://www.sarakinews.com/2016/06/read-obamas-tribute-to-legend-boxer.html

Bill Clinton:
Clintons ‘saddened’ by death of Ali Also Former US president Bill Clinton said on Saturday that he and his wife, Democratic presidential hopeful Hillary Clinton, were “saddened” by thepassing of
Muhammad Ali. “From the day he claimed the Olympic gold

medal in 1960, boxing fans across the world knew they were seeing a blend of beauty and grace, speed and strength that may never be matched again,” read a statement from the former president’s office. “We watched him grow from the brash self-confidence of youth and success into a manhood full of religious and political convictions that led him to make tough choices and live with the consequences,” he said. Ali was “courageous in the ring, inspiring to the young, compassionate to those in need, and strong and good-humored in bearing the burden of his own health challenges.” Clinton said he was “honored” to have awarded Ali the Presidential Citizens Medal at the White House in January 2001
Sourc:http://www.sarakinews.com/2016/06/we-were-saddened-by-passing-of-muhammad.html

Obama:
President Barack Obama paid tribute Saturday to late boxing great Muhammad Ali, saying that he was a towering champion “who fought for what was right” not just in the ring but outside it as well.
The former heavyweight champion, who passed away late Friday after struggling for years with Parkinson’s, was “a man who fought for us,” the US president said.

“His fight outside the ring would cost him his title and his public standing. It would earn him enemies on the left and the right, make him reviled, and nearly send him to jail. But Ali stood his ground. And his victory helped us get used to the America we recognize today.”
Source: http://www.sarakinews.com/2016/06/read-obamas-tribute-to-legend-boxer.html

Bill Clinton:
Clintons ‘saddened’ by death of Ali Also Former US president Bill Clinton said on Saturday that he and his wife, Democratic presidential hopeful Hillary Clinton, were “saddened” by thepassing of
Muhammad Ali. “From the day he claimed the Olympic gold

medal in 1960, boxing fans across the world knew they were seeing a blend of beauty and grace, speed and strength that may never be matched again,” read a statement from the former president’s office. “We watched him grow from the brash self-confidence of youth and success into a manhood full of religious and political convictions that led him to make tough choices and live with the consequences,” he said. Ali was “courageous in the ring, inspiring to the young, compassionate to those in need, and strong and good-humored in bearing the burden of his own health challenges.” Clinton said he was “honored” to have awarded Ali the Presidential Citizens Medal at the White House in January 2001
Sourc:http://www.sarakinews.com/2016/06/we-were-saddened-by-passing-of-muhammad.html

Obama:
President Barack Obama paid tribute Saturday to late boxing great Muhammad Ali, saying that he was a towering champion “who fought for what was right” not just in the ring but outside it as well.
The former heavyweight champion, who passed away late Friday after struggling for years with Parkinson’s, was “a man who fought for us,” the US president said.

“His fight outside the ring would cost him his title and his public standing. It would earn him enemies on the left and the right, make him reviled, and nearly send him to jail. But Ali stood his ground. And his victory helped us get used to the America we recognize today.”
Source: http://www.sarakinews.com/2016/06/read-obamas-tribute-to-legend-boxer.html

Bill Clinton:
Clintons ‘saddened’ by death of Ali Also Former US president Bill Clinton said on Saturday that he and his wife, Democratic presidential hopeful Hillary Clinton, were “saddened” by thepassing of
Muhammad Ali. “From the day he claimed the Olympic gold

medal in 1960, boxing fans across the world knew they were seeing a blend of beauty and grace, speed and strength that may never be matched again,” read a statement from the former president’s office. “We watched him grow from the brash self-confidence of youth and success into a manhood full of religious and political convictions that led him to make tough choices and live with the consequences,” he said. Ali was “courageous in the ring, inspiring to the young, compassionate to those in need, and strong and good-humored in bearing the burden of his own health challenges.” Clinton said he was “honored” to have awarded Ali the Presidential Citizens Medal at the White House in January 2001
Sourc:http://www.sarakinews.com/2016/06/we-were-saddened-by-passing-of-muhammad.html

Senator Bukola saraki Pour out his hearth felt on the recent attack in kano state on his Facebook page today by condemning the barbaric incident see post below.

I have read tweets, Facebook posts and news of a barbaric incident that allegedly happened in Kano.
Nigerian Senate will work with Kano State government and law enforcement agencies to get to the bottom of this and make sure justice is served and this doesn't happen again.

Source:http://www.sarakinews.com/2016/06/the-prime-suspect-of-kano-attack-has.html

President Muhammadu Buhari is reportedly receiving medical attention at the State House Clinic, Abuja after being diagnosed with Meniere Disease, a disorder of the inner ear.
According to Premium Times, the President now suffers hearing impairment because of the disease, as he routinely complains of severe pains and unusual sounds from the affected left ear.

Detail here>>http://www.sarakinews.com/2016/06/president-buhari-reportedly-diagnosed.html

The crisis rocking the opposition People’s Democratic Party (PDP), on Wednesday, reverberated on the floor of the House of Representatives as two members of the party,Tony Nwoye and Emmanuel Udende, announced their decampment to the ruling All Progressives Congress (APC) on the floor of the chamber.

Source:http://www.sarakinews.com/2016/06/the-crisis-rocking-opposition-peoples.html

Chief of Defence Staff (CDS), Gen. Gabriel Olonisakin, on Wednesday, reaffirmed that the military would intensify its offensive in the Sambisa Forest until the area was completely rid of terrorists.
Speaking at the inauguration of some projects at Navy Town, Ojo, Lagos, he said that the “Operation Crack Down” recently launched into Sambisa was yielding positive results.“The operation is
progressing and part of the benefits was the rescue of the two Chibok girls.“The operation is ongoing and we will continue until we rid that place of all terrorists,” he said.

See More Here>>>http://www.sarakinews.com/2016/06/no-retreat-for-military-in-sambisa.html

The House of Representatives has resolved to constitute an ad hoc committee to investigate the remote causes of the recent attack by alleged herdsmen on Oke-Ako Community in Ekiti State.
The House during plenary on Wednesday directed the Inspector-General of Police, Mr SolomonAraseto deploy police personnel to the affected areas to avert likely reprisal attacks.

See More Here>>>http://www.sarakinews.com/2016/06/reps-to-investigate-alleged-herdsmen.html

the Board of Trustees (BoT) of the Peoples Democratic Party (PDP) has urged party members who are pursuing court cases against the party to withdraw such cases and embrace reconciliation.
The litigants were advised against involving external forces in the affairs of the party but to find amicable means of settling their differences.


Source:http://www.sarakinews.com/2016/05/pdp-board-of-trustee-backs-makarfis.html

Yesterday the Senate passed the Repeal and Re-enactment of the Bankruptcy and Insolvency Act Bill (2016) for the third and final time in the Upper Chamber.
Many of you will remember that after the National Assembly Business Environment Roundtable (NASSBER) in March, stakeholders from the business community and Senators agreed that this should be one of the priority bills that the 8th Senate should embark on to strengthen our economy.

Source:http://www.sarakinews.com/2016/05/senate-pass-bankruptcy-for-third-and.html

Embattled former Peoples Democratic Party (PDP) Acting Chairman Ali Modu Sheriff yesterday lost more support as eight members of his National Working Committee (NWC) jumped ship. They supported the Ahmed Makarfi-led Caretaker Committee.


more here>>>http://www.sarakinews.com/2016/05/pdp-kpalava-ex-nwc-chiefs-dump-sheriff.html

The Federal Government has explained why former National Security Adviser (NSA) Col. Mohammed Sambo Dasuki (rtd) was still being held by the Department of State Services (DSS).
It said Dasuki was being held on the ground of national security, owing to his involvement in the over $2 billion arms deal and for his safety.
The government added that with the quantum of arms and ammunition recovered from Dasuki’s Abuja home, which he allegedly kept illegally, there was the general apprehension that he possesses more, which the state was yet to discover.

More Here>>>http://www.sarakinews.com/2016/05/dasuki-cannot-be-released-or-grant-bail.html

Peoples Democratic Party (PDP) spokesman Olisa Metuh has urged a Federal High Court in Abuja for permission to travel to the United Kingdom for five weeks on medical ground.
The request is contained in an application filed by Metuh’s lawyer, Emeka Etiaba (SAN), seeking the release of his client’s travel passport for that purpose.

More Here>>http://www.sarakinews.com/2016/05/metuh-begs-court-for-permission-to.html

The Nigeria senate on Wednesday morning, May 18, 2016, rose from an early hour meeting, calling on the senate committee on labour to dialogue with the Nigeria Labour Congress (NLC) over the ongoing strike

A senate meeting, presided over by the senate deputy president, Ike Ekweremadu, gave the committee two weeks to dialogue with the labour unions and report its findings back to the house.
The Nigeria Labour Congress has two factions. While the Joe Ajaero’s faction opted out of the strike, ostensibly in support of the federal government decision to increase the pump price of petrol by 70%, the faction led by Wabba described the Industrial Court’s ruling barring the NLC strike as a “blackmarket injunction”, hence the strike action which has paralysed economic activities across the country.

Source:http://www.sarakinews.com/2016/05/senate-commitee-has-two-weeks-to.html

The Lagos State government has started online registration of jobless people to enable it develop appropriate intervention programmes.
The exercise, under the auspices of the Ministry of Wealth Creation and Employment, will also provide data and profiles of jobless youths, with a view to training them.

Unemployed youths are advised to register online at http://wealthcreation.lagosstate.gov.ng/employment-registrationlagos.
During registration, residents will be expected to provide pertinent information, including education level and skills.

SOURCE:>>>http://www.sarakinews.com/2016/05/lagos-begins-online-registration-of.html

The Senate on Wednesday eulogized the late Oba of Benin, Omo N’oba N’edo Uku Akpolokpolo.
This followed a motion by Senator Matthew Urhoghide (Edo south) and two other Senators from Edo State.

Senator Urhoghide urged the Senate to note with grief, the death of His Royal Majesty, Omo N’oba N’edo Uku Akpolokpolo, the Oba of Benin, as announced by the Iyase of Benin Kingdom, Chief Sam Igbe, on April 29.
He said that Oba Erediauwa reigned for 37 years.

More Here>>>>http://www.sarakinews.com/2016/05/see-why-senate-eulogizes-late-oba-of.html