Banks customers will from September 1, 2014 pay a token for cash withdrawals made on other banks’ Automated Teller Machines, the Central Bank of Nigeria said in a directive released on Wednesday.
The re-introduction of the ATM charges came almost two years after the CBN and the Deposit Money Banks cancelled the N100 ATM charge in December 2012.
The new directive for the reintroduction of the charge was posted on the CBN website, but instead of N100 per withdrawal, customers using other banks’ ATMs will now pay N65.
According to the order, which was contained in the circular signed by the Director, Banking and Payment Systems Department, CBN, Mr. Dipo Fatokun, the central bank and the DMBs agreed to re-introduce the ATM charges because the cost of transaction was becoming too burdensome for the banks to continue to bear.
Fatokun also said the charge would become effective on the fourth ATM withdrawal in a month, thus making the first three withdrawals on other banks’ ATMs within the m…
Some students of Olabisi Onabanjo University, Ago- Iwoye, Ogun State, on Thursday marched on the Ogun State Government House in Oke-mosan, Abeokuta, to protest what they described as a “tactical and jamboree deduction of increased school fees”.
PREMIUM TIMES gathered from the protesting students that Governor Ibikunle Amosun’s “jamboree” reduction of the university’s tuition fee was from about N192, 000 to about N176,000.
However, the Ogun State Commissioner for Education, Science, and Technology, Segun Odubela had while announcing the reduction on Tuesday said medical students of Olabisi Onabanjo University, OOU,, who are currently paying N301,610 will henceforth pay N176,596 from next session, representing a 41.4 per cent reduction.
Mr. Odubela said students of the Faculty of Arts in the same university will be paying N81,112 instead of the current fee of N126,540, a 35.9 per cent reduction.
Speaking with PREMIUM TIMES on phone, Falola Ahmed, the leader of the Ogun State chapter of…
At least students from 20 higher institutions would attend the first annual convention of the National Association of Quantity Surveying Students (NAQSS) South West, Zone, which will hold from 15-16 August at the Federal University of Technology Akure, FUTA, Ondo State.
The convention with the theme/lecture, “Emerging Development In Nigeria Construction Industry; How Can Young Quantity Surveyors Optimize The Opportunity Available?,” would be delivered by Mr. Ogunfidodo Adegbemibo ‘Ade, the National Vice President, Nigeria Institute of Quantity Surveyor (NIQS) and the Chairman, NIQS Lagos chapter, Mr Shonubi Olayemi.
President of the Nigerian Institute of Quantity Surveyors, Mr Agele Alufohai
President of the Nigerian Institute of Quantity Surveyors, Mr Agele Alufohai
Other dignitaries billed to attend are the President, Nigeria Institute of Quantity Surveyor (NIQS) Mr Murtala
Aliyu, who is the Chairman of the occasion, former minister, Mr. Onashile Obafemi, the Vice President west Af…
Who is calling me now jare, Tunde thought. Tunde's Mum called to inform him that she is trying to get the school fee and has been able to raise 8,000naira so far,she also told him she wouldn't be able to send his weekly stipend of 1000naira, she sounded sober on phone and with this ended the call.I didn't mention to you that Tunde's home is located at Iropora(a small village in Ekiti State) so the mum wasn't aware of any increment in school fee or any protest in OAU and Tunde decided not to tell her because he didnt want her to worry too much,all his hope now hinged on the school management not increasing stalites fee. Tunde dropped the call and decided not to bother himself thinking too much,he continued chatting with his friends and left some few minutes later.
Fresh Students who had arrived were checking into their rooms, presenting their documents at the gate to the hall wardens before proceeding into the hostel.Later in the day the SU released information con…
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The fixture list for the 2014/15 Barclays Premier League season has been released.
Please find below the fixtures. All kick-off times are 3pm, unless stated. Please note these fixtures are subject to change.
16 August 2014
Arsenal v Crystal Palace
Burnley v Chelsea
Leicester City v Everton
Liverpool v Southampton
Manchester United v Swansea City
Newcastle United v Manchester City
Queens Park Rangers v Hull City
Stoke City v Aston Villa
West Bromwich Albion v Sunderland
West Ham United v Tottenham Hotspur
23 August 2014
Aston Villa v Newcastle United
Chelsea v Leicester City
Crystal Palace v West Ham United
Everton v Arsenal
Hull City v Stoke City
Manchester City v Liverpool
Southampton v West Bromwich Albion
Sunderland v Manchester United
Swansea City v Burnley
Tottenham Hotspur v Queens Park Rangers
30 August 2014
Aston Villa v Hull City
Burnley v Manchester United
Everton v Chelsea
Leicester City v Arsenal
Manchester City v Stoke City
Newcastle United v Crystal Palace
Queens Park R…
Be informed that the last Senate's meeting was held on Wednesday,July 30th,2014 and the next one would be held on Wednesday,24th September,2014.This is,in no doubt,subject to the drafted academic calendar for the current 2013/2014 Academic Session.
Meanwhile,all new dates, in consideration of the school's closure, shall be decided by the Directorate of Academic Affairs(DAA), Senate Division. Having decided on the new academic calendar, at a special meeting of the senate, the resolution would, thereafter, be forwarded to the stakeholders for receipt and acknowledgments accordingly.
More importantly, the decision of the stakeholders/management would, therefore, be communicated to the Federal Ministry of Education,which would in turn act on the school's re-opening on the school's management recommendation(s).
Conclusively, I have to make this clear to us that our resumption is not feasible in this month and in the early weeks of September. This is,…
State Governor, Senator Ibikunle Amosun has approved an across the board
reduction in all State owned Tertiary Institutions. In the new
school fees regime, some students will pay 61 percent less than they are
currently paying while some others will be paying as low as N29,700.
The reduction was arrived at after extensive deliberation between government, leadership of the various Students’ Unions and heads of the institutions.
Also, the new school fees regime has abolished the
indigene/non-indigene dichotomy as all students offering the same course
and the same level will pay the same fees.
In a statement
signed by Barrister Segun Odubela, Commissioner for Education, Science
and Technology, the government stated that medical students of Olabisi
Onabanjo University (OOU) who are paying N301,610 will now be paying
N176,596, a 41.4 percent reduction. Also, students of the Faculty of
Arts in the same university will be paying N81,112 instead of the
current fee of N126,…
The University’s 267th Inaugural lecture:“Man Minus Machines Equals A
Labourer” by Prof. Lawson Olabosipo Adekoya, holds on Tuesday, 26th
August, 2014 at the Oduduwa Hall, by 5:00pm.
Professor Lawson Olabosipo Adekoya is a professor of Mechanical Engineering, OAU.
FROM THE LEADERSHIP OF THE UNION(As at Tuesday,12th August,2014)
Today, 12th August, 2014, the leadership of NANS Zone D led by Comrade
Sunday Asefon(Zone D Coordinator) and Comr Momodu Daniel(NANS National
Secretary) met with the Dean, Division of Students Affairs(DSA) to
discuss all issues relating to the struggle earlier today. The weight of
matters raised necessitated another meeting with the
Vice Chancellor who was represented by Prof. Abayomi Salami, the Deputy
Vice Chancellor Academics, including the leadership of the Students'
Union, some honourables of SRC, representatives of the ACJ and some
At the meeting the following demands were made: • Immediate re-opening of the University • Review of the fees • Implementation of instalmental payment • Introduction of work-study and scholarship for indigent students • Non-implementation of late registration penalty • Non-victimization • Mobilization of final year students for NYSC in November this year…
Ah,see this freshers o,them dress like say na party them dey go, well I remember last year when i also gained admission, I wore my Christmas cloth to school, i wanted to look so good,may his soul rest in peace, my Dad even told me that i should beware of girls with the way am dressed,Tunde said while conversing with his new friend Ayo. Ayo also didn't go home,he stayed back in school as he said that, there is no point going home when his school is on fire. Na you know o, them too go dey form next year, saying same thing you are saying, Ayo replied Tunde.
Campus was agog with the arrival of fresh students for the 2013/14 session. Sodiq an English student who sat close to Tunde made a joke of the expensive cars bringing the students to campus,he said; 'You now say make management no increase the fee,see as cars dey flow in', everybody including Tunde laughed at this joke.Angola hall now Tunde's former hostel,was beehive with the fresh students who were carrying loads. T…
Students have continued to show their willingness and desire to resume back to classes in no time. In responses to the question asked by the Senior Special Assistant to the NANS Zone D Coordinator on Media and Publicity, Comrade Adesoji Gabriel O., Ife students demand for the immediate re-opening of the University and a reasonable reduction in the hiked fees.
Below was the question and responses so far: QUESTION Adesoji Gabriel Angelgabby
Great Ife students, As NANS Zone D set to meet with your school management tomorrow what do you demand?
Note: Your opinion is highly needed as it's the only means to get the
sincere and genuine wish of OAU students as we prepare to meet Your
school management tomorrow.
Adesoji Gabriel. O (AngelGabby) S. S. A Media and Publicity to Nans Zone D Coordinator
Adewuyi Julius Adesoji: resumption is what we want. Oyeniran Christopher:Resumption and reduction in fee!!Total reversal may not be possible. Peter Onoriode:There should be a REDUCTION…