Bankers’ Committee of Nigeria; CBN Launches the ‘Moni Sense’ Campaign to Educate the Public on Protecting themselves against Cyber Fraud & Scams

The Central Bank of Nigeria (CBN) and the Bankers’ Committee of Nigeriath, 2020 launched its cybersecurity & fraud awareness campaign, called ‘Moni Sense’ to educate the general public on protecting themselves against cyber fraud and scams. As the end of the year business season kicks off, comprehensive fraud and cybersecurity awareness remains important in ensuring the general Nigerian public is informed on their role in protecting their banking information from fraudulent activities. Speaking on the initiative, Emeka Emuwa, Chairman, Financial Literacy and Public Enlightenment Sub-Committee (FLPE), said; “Fraudsters and scammers…

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Magu: Pastor sues bank over N573 million claim

A Nigerian cleric, Emmanuel Omale, has filed a N5 billion suit against First City Monument Bank over the bank’s report to the Nigerian Financial Intelligence Unit of an alleged payment of N573 million into his account. Mr Omale is an associate of the suspended chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. In a court document filed before the FCT High Court on Friday, by Mr Omale’s lawyer, Gordy Uche, accused the bank of negligently breaching the fiduciary duty of care in its banker-customer relationship with his client.…

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Governors make demand from Buhari

The Northern Governors Forum (NGF) on Monday demanded a special fund from the Federal Government to combat the spread of COVID-19 in the region. Simon Lalong, chairman of the forum and governor of Plateau State made the plea in a statement issued by his Director of Press and Public Affairs, Dr Makut Macham in Jos, after members’ meeting via teleconferencing. The News Agency of Nigeria (NAN), reports that the Northern Governors met to discuss issues of COVID-19 with special attention to its effects on the region. Lalong claimed that some…

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Governors Call For $500 Billion Bailout Amid Standoff Over Coronavirus Relief Funds

National Governors Association Chairman Larry Hogan, R-Md., and Gov. Andrew Cuomo, D-NY, the top Democrat on the Association are issuing a joint call for Congress to approve $500 billion in direct aid to states, signaling a deepening budget crisis caused by the coronavirus as Congress battles over the next round of funding. “In the absence of unrestricted fiscal support of at least $500 billion from the Federal government, states will have to confront the prospect of significant reductions to critically important services all across this country,” the governors said in…

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Ferrari to pilot ‘Back on Track’ employee screening for coronavirus By Reuters

 Ferrari (MI:RACE) said on Wednesday it was piloting a project to conduct voluntary screening of employees and their families for coronavirus once the supercarmaker’s factories in Italy reopen. In a statement, Ferrari said its “Back on Track” plan, developed with a pool of virologists and experts, was designed to create a safe working environment for when its operations restarted. In March the luxury carmaker closed its factories in Maranello and Modena, in the northern Italian region of Emilia-Romagna, in a response to the coronavirus outbreak and a shortage of parts.…

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