The Central Bank of Nigeria ( CBN ) has said it will hold commercial banks responsible for any fraud arising from failure to enlist individual customers into the Bank Verification Number ( BVN ) scheme.
The CBN , which stated this yesterday in its released framework for BVN operations and watch – list for the financial system , said it is part of efforts to develop and enhance the security of electronic payment system in the country .

In the report addressed to all banks and non – bank financial institutions , as well as payment system service providers, switches and mobile money operators , the apex bank reiterated that the framework is with immediate effect .

By the policy , banks and other BVN participants are to ensure that risks mitigation techniques are put in place to minimise operational , technical and fraud risks .

Besides , banks have been mandated to report frauds in the system , ranging from forgery , compromise , complicity , fraudulent duplicate enrolment and fraudulent infraction even without monetary value .

Others include confirmed successful fraud with monetary value , when a customer is watch – listed more than once and fraudulent individual that is at large .

Meanwhile , customers will now assent to disclaimer for banks that if fraudulent activity is associated with the operation of the account , the bank has the right to apply restrictions to the account and report appropriately to law enforcement agencies .

Also , in the case of complaints by customers against the banks’ services , the arising disputes shall be resolved by the affected banks or escalated to the CBN when they linger .

Customers will now be allowed to change names twice a year , subject to the provision of supporting documents , while change of birth date is once for all time, as well as minor correction due to errors , with supporting documents too .

Once a customer is placed on watch , the person can only be delisted by obtaining a formal document designed for such from the bank and passing through the processes required .

The development would require banks to invest heavily in their information technology platforms , as this would involve security of hardware , software encryption of messages transmitted through the BVN network .

The CBN said the objective of the framework is to clearly define the roles and responsibilities of stakeholders, operations of BVN ; usage and management , deter fraud incidences in the banking industry , among others .




Candidates who could not find their names on the Admission Portal
This is to inform candidates who could not find their names on the Admission Portal during the login exercise to kindly check their names in the list that is now available online to login. They should follow the instructions on the admission portal to submit their bio-data.
Candidates who changed course
This is also to inform candidates who changed course to login to the Admission Portal, update their O’level subjects and print out a new copy of ‘Evidence of Completion of Bio-data Form’.
The portal will close on Wednesday, 11 October, 2017.


Post-UTME Test Date
Please, be informed that the post-UTME test for those who have successfully completed their biodata on the website of the University of Ibadan will be coming up ON FRIDAY 20 AND SATURDAY 21 OCTOBER 2017. You will receive further information soon.

Thank you.
O. I. Olukoya, MNIM, FPA

Two FRSC Officials Stabbed By A Reckless Driver

According to Daily post, a commercial driver identified as Donatus, stabbed two FRSC officials in Otukpo on Tuesday, after been pulled over for reckless driving.

Donatus, who was travelling from Okigwe in Enugu to Lafia in Nasarawa State with a blue Toyota Primera, was halted by the FRSC officials, who seized his license and vehicle particulars for reckless driving. 

However, in an attempt to escape, he repeatedly stabbed the two officers that approached him and drove off. He was later traced and arrested by members of a local vigilante group alongside some officers of FRSC Otukpo branch. 

He was then handed over to the police with two daggers found on him. Speaking, Donatus said he didn’t plan to kill the officers. 

“I was only trying to catch up and return to Okigwe as soon as possible because I am supposed to pay up a loan I took sometimes ago in order to avoid my car from being impounded.

It was what I used as collateral. I was only angry and trying to protect myself,” the driver claimed. It was gathered that the two officers are receiving treatment at undisclosed hospital in the area


A fresh trouble has steer up in Nigeria as the major non-teaching staff unions of Nigerian public universities have resolved to embark on an indefinite strike from September 11.
The Joint Action Committee, JAC, of Senior Staff Association of Nigerian Universities, SSANU; Non-Academic Staff Union of Universities, NASU; and the National Association of Academic Technologists, NAAT, announced the strike on Wednesday.
At a press conference in Abuja, the chairman of JAC who is also the President of SSANU, Samson Ugwoke, explained reasons for their decisions.
Mr. Ugwoke said the nationwide strike would be total and comprehensive.
“During the strike, there shall be no provision of services, no matter how skeletal. Concessions shall not be granted while all our members are to stay at home till further notice, unless as directed by JAC through their respective presidents,” he said.



more to come…

Pastor Adeboye Pleads With FG Over Asuu Strike, Tell Union To Be Considerate

The General Overseer of The Redeemed Christian Church of God (RCCG), Pastor E. A Adeboye, has urged the Federal Government (FG) and the Academic Staff Union of Universities (ASUU) to resolve the ongoing impasse without delay.

He said in a report by the Guardian that the industrial action embarked upon by ASUU was caused by governments’ failure to address their demands, adding that the more the strike was prolonged, the more the economy and the development of the country suffer.

He said this yesterday at the monthly thanksgiving service, where he celebrated the 50 years anniversary of his marriage with prayers for families and the unmarried at RCCG’s headquarters in Ebute-Metta, Lagos.

Adeboye, who spoke through the Assistant General Overseer, Administration and Personnel, Pastor Johnson Odesola, said that the need for the Federal Government and ASUU to reach a consensus immediately becomes very crucial because education was the livewire of every successful country.

He added that the students were not only at the receiving end but also that the future of the country was at stake if the strike was allowed to continue.

“Higher institutions of learning are the citadels where learning takes place to bring development to any country. Therefore, continuous strike will only continue to aggravate the chaos that would eventually lead to retrogression in the economy.

“I, therefore,  plead with the Federal Government to realise that education is the live wire of this country and to the best of its ability, accede to the demands of ASUU, while the union should be considerate with its demands knowing the present state of the country’s economy”, he said.

Charly Boy Calls For Alison Madueke’s Repatriation

Charly boy and his group marched down to EFCC head quarters to request for Alison Madueke’s repatriation. 
It should be recalled that he also led a #resumeorresign campaign when President Muhammad Buhari was in London for medical treatment. 
He emphatically stated that Nigeria n’s are no longer docile as people are becoming wise everyday.  He mentioned that the ill treatment of Alison Madueke is uncalled for and for this reason, she need to return to her country. 
Alison Madueke, former minster for petroleum who is battling with cancer and under a severe investigation by the Economic and Financial Crimes Commission. 

Several of her properties have been seized and huge sum of money forfeited.

6 Children Rescued From Alleged Human Trafficker

The Ogun State Police Command has paraded a suspected human trafficker, Paul Aganla, who was arrested on 26th August at Isiu, in Owode -Egba area of the state. 

The state Commissioner of Police, Ahmed Iliyasu, disclosed this on Monday. He said Aganla, a native of Ogoja, Cross River State, was caught with six children whose ages ranged between 7 and 13, who were said to have been brought from Cross River State to Abeokuta to be engage in child labour. 

The names of the rescued children were given as Promise Augustine, Elijah Emmanuel, Moses, Kariel, Victor Daniel, Glory Emmanuel and Felicia Owu.


One Killed, Several Injured In Uyo

One person has been killed and several others injured as the police opened fire on people scrambling for money scattered in the streets of Uyo, Akwa Ibom State, by armed robbers on Wednesday.

The robbers had attacked a vehicle occupants were said to have withdrawn a huge sum of money from a bank and were heading to government House Uyo. The state police command has confirmed the incident. 

Teenager, Three others Remanded In Prison For Robbery

Osun]–A Magistrate court sitting in Osogbo, Osun state presided over by Mrs. Awodele Olubukola has on Tuesday ordered that a teenager and three others be remanded in Ilesha prison for armed robbery and attempted murder.

The four accused were alleged on six count charges for conspiracy, armed robbery, felony and attempted murder.

The four suspect namely; Isaac Awe age 18 , Ojo Ayobami age 21, Rotimi Adedeji age 39 and Segun Adedeji Age 26.

The police prosecutor, Mr Elisha Olusegun told the court that the four accused committed the offense on April, 18. at Corpers Lodge Dada Estate in Osogbo.

According to him, the four accused conspired to commit felony to carry out an Armed Robbery operation.

He said “The four accused persons did arm themselves with guns and other dangerous weapons and rob one Adekanmi Taiwo Uthman of his Toyota Camry envelope car with registration number app780db valued 1,150,000, one infinix hot phone valued 24,500, two glasses valued 6,000 seat cover valued 4,500, wallet containing school identity card Of Ladoke Akintola University, his driving license, voters card, three ATM cards of first bank, Wema bank, GT bank and documents of the vehicle total valued 1,185,00.

“Did conspired among yourselves to commit felony to wit : attempted murder.

“Did unlawfully have in their possession one live cartridge which you could not give satisfactory account of.

“Did unlawfully attempted to kill one Adekanmi Taiwo Uthman by stabbing him with broken bottle in his head and right hand.

He further explained that the offense committed by the accused is contrary to and punishable under section 6(b) section 1(1) section 1(2)(a) (b) section 3(1) section 27 (1) (b) (11) of the Robbery and Firearms (special provision) Act cap Rll vol. 14 laws of the federation of Nigeria 2004 and section 516, section 320 (1) of the criminal code cap 34 vol. 11 laws of Osun state 2002.

The first and second accused have one counsel known as Okobe Najite and their plea were not taken.

The chief magistrate, Mrs Awodele Olubukola in her ruling ordered that they be remanded in Ilesha prison.
She thereby adjourned the case to November 24 for mention.

Credit: thepage 

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