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POS Operators Increase Charges For Withdrawal, Deposit

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Point of Sales (POS) operators, under the aegis of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), Lagos state chapter, have increased charges for deposit and withdrawal.

With the new directive, Nigerians who want to deposit the sum of N1,000 and N4,900 will now have to pay service charge of N100; N5,000 and N10,900 will attract a service charge of N200; N11,000 and N20,900 will attract a service charge of N300; N21,000 and N30,900 will attract service fee of N400; N31,000 and N40,900 will attract service charge of N500 and from N41,000 to N50,000 will attract a service charge of N600.

For withdrawals up to N1,000 and N2,400, Nigerians are expected to pay a service charge of N100; withdrawal from N2,500 to N4,000 will incur a service charge of N200; withdrawal from N4,100 to N6,400, will incur a service fee N300; withdrawal from N6,100 to N7,400 will now attract a service charge of N400; withdrawal from N7,500 to N10,900 will incur a service charge of N500; withdrawal from N11,000 to N14,400, will attract a service charge of N600; withdrawal from N14,500 to N17,900 will be subject to a service charge of N700 and withdrawal from N18,000 to N20,000 will now attract a service charge of N800.

The new price list was unveiled at the 4th Annual AMMBAN Lagos Symposium themed “the impact of cashless policy on mobile money & agency banking.

The chairman of the AMMBAN, Lagos state chapter, Abiodun David disclosed that the new price was agreed upon by the Association in an effort to reduce extortion by POS agents on the general people and is also a reflection of the current economic climate in the nation.

While POS agents may go lower the price list depending on their region, David clarified that they are not permitted to go above the pricing list.

Source:- Leadership

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NEWS

Prophet Jeremiah Fufeyin’s Generous Act: Donates Over 30 Million Naira to Help Alleviate Soaring Food Prices in Nigeria (Watch Video)

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Billionaire prophet and General Overseer of Christ Mercyland Deliverance Ministry in Warri, Delta State, Prophet Jeremiah Fufeyin, has given out over N30 million in charity to reduce the current economic crisis faced by the masses.

In a viral video on social media, Fufeyin, known for his philanthropic gestures, was seen giving out wads of cash to church members to ameliorate the rising price of food items in the country.

The humanitarian effort has caught the attention of netizens, capturing the hearts of many amid the current challenging times.

Fufeyin has emerged as a beacon of hope by extending a remarkable gesture of kindness towards struggling church members even as he stressed the need for well-meaning Nigerians to help assuage the challenges of the masses.

This spontaneous and substantial donation not only alleviated immediate concerns but also underscored Fufeyin’s deep empathy for those affected by economic hardship.

The response to Fufeyin’s act of benevolence has been overwhelmingly positive, with Nigerians taking to social media platforms to commend his compassion and selflessness. Amidst a climate of economic uncertainty and rising living costs, Fufeyin’s initiative has resonated deeply, sparking discussions about the importance of generosity and communal support during trying times.

Fufeyin expressed his motivation for the donation, citing a desire to alleviate the suffering of his church members and fellow Nigerians in tangible ways.

He emphasised the necessity of collective action in addressing societal challenges and urged others, particularly those in positions of influence, to contribute towards uplifting the less fortunate.

The impact of Fufeyin’s philanthropy extends beyond financial assistance, serving as a powerful reminder of the potential for positive change when individuals leverage their resources for the greater good of all.

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Entertainment

Big Dreams, is set to release his debut Single’s , ‘Vanity & Painful On January 26th

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Delta State Born Singer, Big Dreams, is set to release his debut album,My Way ‘,’Coming Soon.

With they announcement of his two singles which are set to be released on 26 January 2024.

In the digital era of Afrobeats, the music superstar, Big Dreams, has established a name for himself thanks to a succession of great singles and collaborations.

They man of they moment has done great works, therefore this album will set a pathway to Greatness.

The musician made this announcement via his Twitter account. He characterized the album as everything he desires and all he stands for.

 

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Legendary singer, Kathy Brown diagnosed with stage four lung cancer

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Legendary house music singer, Kathy Brown has been diagnosed with stage four lung cancer with the disease spreading to her brain.

The American singer, 63, known for songs including Turn Me Out (Turn to Sugar) and Strings of Life (Stronger on My Own) was diagnosed late last year after being admitted to ICU in her hometown of Charleston, South Carolina.

Doctors performed surgery to try and reduce swelling in Brown’s brain – with the star currently undergoing a course of radiotherapy and immunotherapy.

Kathy’s daughter Chanta Joyner has set up a GoFundMe to fund medical expenses and monthly bills for the family.

Chanta wrote: ‘As the news is only just sinking in we are already facing the harsh reality of what this means for my mother – not only the physical and medical challenges but also the many financial ones.

‘Like most artists who have devoted their careers to dance music, without being able to perform LIVE there’s little to no chance of earning an income. My mother has poured her heart and soul onto stages and dance floors all over the world for more than thirty years, and now she needs your love and support more than ever.

‘My siblings and I are going to do everything we can to take care of her, but the costs we are facing with medical expenses and monthly bills are overwhelming.

‘My mom deserves the best care and comfort that money can buy. I know that she has thousands of fans all over the world who adore her voice and her beautiful spirit.

‘Please consider contributing to assist Kathy and get her through the weeks and months ahead. The London-based record label ‘Revival’ that she has recently been working with has offered to match contributions up to $10,000.

‘Let’s show my mom that the dance music community really is an extended family who keep each other lifted not only in the good times but the hard times too. Thank you for the love, support and many messages that you have been posting and sending to Kathy. I promise you that she sees every single one, and they mean so very much to her.

Brown originally found fame as the chart-topping lead singer of the group Praxis before having US dance hits on her own.

In 1999 she climbed to #4 on the Hot Dance Music/Club Play chart with Joy and in 2004 was the credited lead vocalist on the British act Soul Central’s Strings Of Life (Stronger On My Own), a track that samples Rhythm Is Rhythm’s 1989 House classic.

Over the years she featured on dozens of house and club singles.

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