Wednesday, January 28, 2015

Four Activists Sue Buhari Over Alleged Perjury


Four activists have filed a fresh criminal suit against the presidential candidate of the All Progressives Congress (APC), General Muhammadu Buhari before an
Abuja Magistrates' Court over alleged false information.
The activists are Shield Jones Ufot, Jimmy David, Ogueri Enwerem and Tochukwu Okorie.
The activists filed a direct criminal complaint through their lawyer, Ugochukwu Ezekiel at the court.
The complainants named Buhari as the only defendant in the suit.
They alleged that Buhari gave a false evidence to a public officer contrary to Section 157 of the Penal Code and punishable under Section 158 of the Penal Code
Law.
The complainants further claimed that they are Nigerian citizens, activists and social crusaders committed to ensuring obedience to the laws of the Federal
Republic of Nigeria with a duty to report crime and ensure prosecution of offenders.
They also claimed that they are tax payers and voters in Nigeria qualified to vote and be voted for in Nigeria.
In the particulars of the alleged offence against Buhari, the complainants submitted that Buhari on December 18, 2014, filled and submitted INEC Form C.F 001 to
the Independent National Electoral Commission (a public office) wherein t Buhari gave his qualification to contest the office of the President of the Federal
Republic of Nigeria as West African School Certificate (WASC), which he claimed to have obtained in 1961.
They however, claimed that Buhari never sat for the West African Examination Council examination in 1961 as he claimed and that in the entire records of the
school and WAEC, there appeared no name of the said Mohammadu Buhari.
They further submitted that Buhari with intent to mislead a public officer as to comply with the provisions of Section 31 of the Electoral Act, 2010, deposed to
various affidavits in the High Court of the Federal Capital Territory, Abuja wherein he stated that he attended Katsina Provincial Secondary School, Katsina State
and obtained a West African School Certificate and the certificates he claimed to have obtained are with the Nigerian Army.
Source: Leadership.

Monday, January 26, 2015

Beyoncé and Tina knowles dine with BFF kelly rowland and family.

Guess who was spotted with his mega famous auntie and his gorgeous mum yes it's our first look of baby Titan and he looks adorable.

Beyonce , her mum and Jay Z were spotted in LA with her best friend Kelly rowland and her new born son Titan.

kelly has tried to keep her new born under wraps but I guess you can't hide if you're a child of destiny.

The adorable pic below.

Sunday, January 18, 2015

Nigerian Banks stop usage of ATM cards in USA and China.

Rising cases of electronic frauds, especially Automated Teller Machine-related scams, which have made Deposit Money Banks to
lose billions of naira in recent times, have forced some of the lenders to prevent their payments cards from working in the United
States of America, China and a few other countries.
It was gathered that the banks took the action following the huge amount they were spending in refunding customers who had lost
money in payment cards related frauds.
“A number of banks decided to deactivate their payment cards from working in the USA, China and a few other countries that are
still using magnetic stripe instead of the chip and PIN,” a top bank official familiar with the situation told our correspondent on
Sunday.

“The decision was caused by the rising cases of fraudsters using cloned Nigerian ATM cards to make transactions at shopping in
malls in the USA and China,” he added.
Apart from fraudsters using cloned payment cards issued by Nigerian banks to buy goods abroad, it was gathered that some of the
payment cards had also been used to withdraw money from ATMs in foreign countries, especially in the US.
“This scam has been on for a very long time but it has reduced drastically since some banks decided to deactivate their payment
cards from working overseas. However, what we have done as a bank is to tell our customers to inform us whenever they are
travelling overseas so that we can activate their payment cards to work overseas. Once they tell us, we will activate it,” the banker
explained.

According to the Central Bank of Nigeria statistics, banks lost N40bn to electronic frauds in 2013 alone.
However, findings by our correspondent showed that prior to the recent deactivation of the payment cards from working overseas,
refunds made by banks to customers who were victims of cards frauds were in excess of N1bn.
One of the ‘Systemically Important Banks’ made refunds in excess of N200m in 2014, a top official said.

The PUNCH had in August last year exclusively reported that electronic fraudsters had been duplicating payment cards belonging to
Nigerian bank customers and using them to buy items worth millions of dollars from shopping malls in the US.
It was gathered that the development had made the Nigerian banks and their customers to be losing millions of naira to the e-
fraud.
The development had forced top executives of the banks and senior officials of the CBN to meet with the Economic and Financial
Crimes Commission sometime last year.
Following the meeting, the EFCC was said to have commenced the process of collaborating with sister agencies in the US to effect
the arrest of some of the fraudsters.
When contacted on Sunday about the deactivation of payment cards from working overseas, the Chairman, Committee of E-
Banking Industry Heads, Mr. Tunde Kuponiyi, said banks had deployed a number of technologies to stem the tide of electronic
frauds, including payment card related frauds.
He said millions of naira had been spent to deploy the electronic payment technologies, adding that the rate of e-frauds had gone
down drastically in recent times following such moves.
He, however, was silent on whether some banks had deactivated their payments cards from working overseas unless informed by
their customers travelling abroad.

The Chairman, Chartered Institute of Bankers of Nigeria, Lagos State Branch, Mr. Abolade Agbola, had emphasised the need for the
CBN to fast-track the biometric registration of bank customers as a way of checking electronic fraud.
He said, “There is no justification for it (deactivation of ATM cards); and what that will do is that people will limit the amount of
money or specify the kind of account they expose to online transactions.
“I think the CBN is also insisting that when this issue has happened, it must be resolved speedily so that confidence will not be lost.
And that is one of the reasons why banks will keep on changing their software to make it safer; and, of course, that is also one of
the reasons the issue of national identity card needs to be fast-tracked, which is at the government level.”
The President, Institute of Chartered Accountants of Nigeria, Mr. Chidi Ajaegbu, said the CBN had achieved a lot in the cashless
drive but there was a need to continue to build public confidence in the electronic means of payments.
“If we are striving to become a 24-hour economy, then we must have the necessary controls in place to build people’s confidence
in the cashless policy we are driving. And part of this is making sure that people believe that their liquid assets and details are
secure. It is the key to the 24-hour economy we are driving towards,” he said.

The General Manager, Visa West Africa, Mr. Ade Ashaye, noted that the type of card used in the US might be prone to fraud.
He, however, said the development could be mitigated by new technologies.

Culled from PUNCH?

Tuesday, January 6, 2015

Buffetquotes

#Quote #WarrenBuffet #inspirational #CkGambitInspires

Thursday, January 1, 2015

HAPPY NEW YEAR 2015!!!

Happy New Year Folks, Thank God we made it to another year.

Resolutions??? I will keep that private but I would love to make this blog more active.

To a bigger, brighter  and better year

Saturday, December 6, 2014

The Whitney Biopic Trailer.

I think we can all agree that Lifetime/Wendy Williams Aaliyah Biopic was a huge total mess, but the Whitney Biopic directed by the iconic Angela Bassett might not have the same fate.

See the Trailer below.

I cant wait to watch.

Kelly Rowland finds comfort in her newborn son.

To lose a parent is one of the hardest things ever, Music Superstar  Kelly Rowland lost her mum Doris two days ago, in this difficult situation the singer is turning to her family for comfort.

She posted a picture with her one month son titan on instagram, our prayers are with her during this trying period.

Kelly Rowland and Titan 2