ACEDEN has launched the "Purposeful Art Competition (PAC) 2024," offering secondary school students across Nigeria a platform to showcase their creativity and share their vision for a better nation.

The competition themed "The Country of Our Dream," invites young artists to imagine a prosperous, united, and dynamic Nigeria.

PAC 2024 is open to all Nigerian secondary school students aged 17 or younger. The competition encourages participants to express their hopes and dreams for Nigeria through various art forms, including painting, drawing, and other creative mediums.
Whether participants are budding painters, skilled sketch artists, or simply have a creative spark, PAC 2024 is a chance for them to make a mark on the future.

The submission window for PAC 2024 runs from September 9 to 20, 2024. Students are required to submit a high-quality image of their artwork through the online portal at aceden.com.ng/pac.

The competition accepts all artistic forms, allowing students to explore their talents freely while reflecting on their vision for Nigeria.

ACEDEN, an organization dedicated to nurturing young talent and empowering future leaders, aims to inspire students to think critically, express themselves creatively, and contribute to national development through PAC 2024.

“We are excited to launch this competition as a way to empower young Nigerians to dream big and share their vision for the country,” said a representative from ACEDEN. “Through art, these young minds can communicate powerful messages about the Nigeria they wish to see.”

To participate, students must create an original artwork that captures their vision for Nigeria, upload a clear image of the piece to the PAC 2024 portal, and inspire others with their unique perspective.

By engaging in this creative process, students are encouraged to reflect on their hopes for the country and contribute to a collective vision of a brighter future.

ACEDEN emphasizes that this competition is about more than just art; it's about giving young Nigerians a voice and a platform to inspire change. Participants will have the opportunity to help shape the narrative of a united and thriving Nigeria through their creative expressions.

For more information about PAC 2024, including detailed submission guidelines, interested students and parents can visit aceden.com.ng/pac. ACEDEN Nigeria can also be contacted at +2348106546309 or +2348065370369, or via email at contact@aceden.com.ng.

ACEDEN invites young artists to join PAC 2024 and paint a picture of the Nigeria they dream of, making a difference one brushstroke at a time.

Heavens of Immortals is a thought-provoking and deeply spiritual tale that delves into the realms of the divine. The author masterfully weaves a narrative that transcends the boundaries of mortal understanding, inviting readers to embark on a journey of self-discovery and spiritual awakening.

In the sweeping epic “Heavens of Immortals” the author presents a spellbinding odyssey that transcends the boundaries of genre, seamlessly weaving together elements of science fiction, fantasy, and theological exploration. This ambitious work stands as a testament to the power of storytelling to illuminate the profound mysteries of the human condition, inviting readers on a trans-formative journey through the cosmic struggle between light and darkness.

The story begins with a vivid dream sequence that sets the tone for the protagonist’s quest for truth and understanding. The author’s use of descriptive language effectively transports readers to a world of wonder and awe, where the lines between reality and the divine blur.

From the outset, the narrative captivates with its cinematic grandeur, transporting the reader into a realm where the very fabric of existence hangs in the balance. Blending biblical lore, spiritual mysticism, and imaginative world-building, the author masterfully constructs a narrative tapestry that is as intellectually stimulating as it is emotionally resonant.

Throughout the excerpt, the author skillfully explores themes of faith, doubt, and the human condition. The protagonist’s inner turmoil and struggles to reconcile their spiritual experiences with the mundane world will resonate with readers who have grappled with similar questions.

At the epicenter of this cosmic drama stands the figure of Lucifer, the once-radiant archangel whose tragic fall from grace drives the narrative’s central conflict. Through the author’s deft characterization, Lucifer emerges as a multifaceted, Byronic antihero, his pride and ambition serving as the catalyst for a cataclysmic rebellion against the divine order. The author’s nuanced portrayal of Lucifer’s inner turmoil and the weight of his fateful decision invites the reader to grapple with the complexities of good and evil, challenging preconceptions and fostering deeper reflection.

The writing is evocative and poetic, with a clear nod to biblical and mythological influences. The author’s use of imagery and symbolism adds depth and complexity to the narrative, making this a compelling read for those interested in spiritual and philosophical themes.

This book is a masterpiece that will resonate with readers who possess a deeply cultivated mind. As aptly stated in its opening chapter, it requires a profound understanding to unravel its mysteries. The title, though seemingly ordinary, belies a complex narrative that unfolds like a spiritual odyssey. The author, Dimeji Sodeke, weaves a unique tapestry of experiences that transcend the boundaries of dreams, trances, and spiritual realms.

Yet, the true genius of “Heavens of Immortals” lies in the author’s ability to breathe new life into familiar biblical narratives, seamlessly blending history, theology, and imaginative storytelling. From the creation story to the tale of Noah’s Ark, the author offers a fresh and thought-provoking perspective, delving into the spiritual dimensions underlying these seminal events. By doing so, the work challenges the reader’s preconceptions and encourages a deeper engagement with the eternal questions of human existence.

The book’s structure is unconventional, with each chapter standing alone while still contributing to the central theme. This creative approach showcases the author’s skill and versatility.

As a Christian and biblical scholar, Sodeke’s references to scripture and biblical characters are evident, but the book is more than a Christian treatise. It explores themes of creation, science, philosophy, and mysticism, revealing the complexities of life and the human condition.

The author in his narrative invites readers to share his intimate journey, grappling with the nature of reality and the human experience. This book is a metaphorical exploration of the human soul, blurring the lines between appearance and reality.

This book is recommended to percipient readers who seek a deeper understanding of the world and its mysteries. It is a testament to the author’s innovative style and his ability to craft a narrative that defies categorization. Prepare to be enriched by this thought-provoking work.

Ultimately, “Heavens of Immortals” stands as a tour de force, a work that not only entertains but challenges the reader to confront their own beliefs and biases. Through its exploration of faith, redemption, and the eternal struggle between light and darkness, the narrative invites the reader to embark on a transformative journey of spiritual discovery, one that lingers in the mind long after the final page is turned.

For those seeking a captivating and thought-provoking read that defies genre conventions, “Heavens of Immortals” is a must-read, a work that solidifies the author’s reputation as a literary luminary, worthy of the highest accolades. In its ambitious scope, its intellectual rigor, and its profound emotional resonance, this epic stands as a testament to the power of storytelling to illuminate the very nature of the human experience.

Overall, “Heavens of Immortals” promises to be a deep moving tale that will linger with readers long after they finish the book.

BUSINESS- Union Bank, one of Nigeria’s most noteworthy and trusted financial institutions, has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification.

This notable achievement, which is an upgrade from the previously awarded Payment Card Industry Data Security Standard (PCIDSS) version 3.2, recognises the Bank’s adherence to the highest data security standards and diligent compliance with industry guidelines regarding payment card fraud prevention and reduction in unauthorised card usage.

The PCI-DSS is the premier Information Security standard for payment cards. It aims to improve the controls of cardholder data and related payment systems to reduce unauthorised use and fraud.

Commenting on the Bank’s latest attainment, Chief Information Security Officer at Union Bank, Francis Mojoyinola, said:
“Union Bank is delighted that we have again been acknowledged for the considerable work we have put into attaining better controls and card payment standards. This certification once again demonstrates our ability to provide top-of-the-line cybersecurity standards and solutions that help us manage and reduce risk exposure. All of this could not have been achieved without the Bank’s collaborative, dedicated, and competent team of IT and data security experts.
Our esteemed customers will continue to be our focus as we strive to build a secure data security structure that enables safe, simpler, and straightforward innovative banking services.”

Union Bank was given this certification by CyberCube Services Pvt. Ltd., a leading technology firm that specialises in providing cutting-edge cybersecurity solutions to businesses across various industries.

Their extensive work in cybersecurity services, including cybersecurity compliance management and vulnerability management, has distinguished them as a leading cybersecurity firm serving clients across multiple industries.

The company’s commitment to innovation and excellence has earned it a reputation as a trusted partner in the fight against cybercrime.

This, along with other of the Bank’s certifications, like the MSECB information security management systems ISO/IEC 27001:2022, ISO 22301:2019, ISO/IEC 20000-1:2018, and the International Organisation for Standardisation ISO/IEC 27001:2013, reiterates Union Bank’s commitment to upholding data and cyber security standards and maintaining its reputation as one of Nigeria’s most trustworthy financial institutions.

FAMILY PLANNING-The Challenge Initiative, Devcoms and Lagos State Government organized a 2-Day Capacity Building Training for media professionals, with the focus to intensify family planning awareness across the state.

The event, which took place in Lagos, attracted media practitioners from various parts of the state, aiming to equip them with strategies to educate Lagosians on the importance of timing and spacing child births.

Key figures at the training included the Executive Director of the Sustainable Impact and Development (SID) Initiative, Elizabeth Talatu Williams, the Chairman of the Interfaith Public Health Advocacy Lagos (IPHAL), Dr. Mrs. Ashiru Ajoke Sariyu, and the State Health Educator, Mr. Olusegun Isaiah Badejo.

Williams emphasized the role of family planning in achieving the Sustainable Development Goals (SDGs), including No Poverty, Good Health and Well-being, Quality Education, Gender Equality, and Climate Action.

She highlighted the media’s critical role in raising awareness, changing perceptions, and advocating for policy changes related to family planning.

Williams also shared tools and strategies for effective media coverage, such as engaging with experts, utilizing various platforms, and building accurate narratives.

Dr. Sariyu addressed prevalent myths and misconceptions about family planning, urging the media to use their platforms—whether radio, electronic, or print—to dispel these falsehoods.

She stressed the importance of data-driven reporting and capacity building among media personnel to enhance the impact of family planning awareness campaigns.

Mr. Badejo discussed Social and Behavior Change Communication (SBCC) strategies, including coordination, advocacy, mass media, community mobilization, and message dissemination.

He emphasized the need for collaboration, research, monitoring, and evaluation to ensure the success of family planning initiatives in Lagos.

The training provided a comprehensive framework for media professionals to contribute effectively to the state’s family planning efforts, with a focus on sustainable development and public health.

Justice Chukwujekwu Aneke of the Federal High court, Lagos has ordered Fidelity Bank to immediately pay N811,174,229.25 to the Chief Registrar of the court, which is the principal amount claimed by a fintech company, Shago Payments Limited against the bank.

The judge ordered that the said sum be held in trust in an interest yielding account by the Chief Registrar of the court, in any of First Bank Nigeria Limited, Zenith Bank Plc., or Guaranty Trust Bank Limited, pending the hearing and determination of the suit filed against the bank and two others by the fintech firm.

Ruling in an ex parte application filed by Dr Oladapo Olanipekun (SAN) on behalf of the Plaintiff, Justice Aneke on July 17, 2024. ordered that the bank should within three days of receiving his orders, file an affidavit detailing its compliance with the order to pay the money to the Chief Registrar and must cause same to be served on the Plaintiff’s counsel.

The court stated that after hearing Dr. O. Olanipekun (SAN) with C. Ike Esq, D. Henry-Ojo Esq and E. Omekeh Esq of Counsel for the Plaintiff applied to move in terms of the motion paper. And having carefully considered the application and submissions of Counsel, it is hereby ordered as follows: “That an order of interim injunction is made restraining the 1st defendant, whether by itself, agents, representatives, directors, officers, servants, privies, proxies, assigns, or any other person howsoever described, acting directly or indirectly through it, from taking any step or action in furtherance of the alleged chargeback claims between June 2003 and August 2023, particularly by further combining or setting off the credit balances in the Plaintiff’s account numbers: 9110001128, 5620110431, 5620130679, 9110000891, and 5620130686, or otherwise by distraining any other account held by and or connected with the Plaintiff in 1st defendant bank, pending the hearing and determination of the motion on notice dated July 15, 2024.

“An order of interim injunction is made restraining the 1st defendant whether by itself, agents, representatives, directors, officers, servants, privies, proxies, assigns, or any other person howsoever described, acting directly or indirectly through it, from (further) (mis)representing the Plaintiff as a debtor in respect of/in connection with the debit to the Plaintiff’s accounts arising from the chargeback claims between June 2023 and August 2023, whether by watch-listing the Plaintiff on the Credit Risk Management System List of the Central Bank of Nigeria; the CR Services Credit Bureau Plc; CRC Credit Bureau Ltd; or by any other means whatsoever, pending the hearing and determination of the motion on notice dated July 15, 2024.” The Judge subsequently adjourned to August 1, 2024 for mention.

The plaintiff, Shago Payments Ltd. is alleging that Fidelity Bank caused unauthorised debits amounting to ₦940,321,051.58 from its account. Of this amount, the plaintiff claims that ₦811,174,229.25 represents debits as a result of chargeback fraud.

The plaintiff alleges that Fidelity Bank was negligent and fraudulent in managing its account. It also claims a breach of multiple duties and obligations, including (i) the Quincecare duty; (ii) an order referring the 1st defendant to the Central Bank of Nigeria and the Securities and Exchange Commission for investigation for unfair, unethical, unprofessional, fraudulent and unsound practices/business conduct; and (iii) an order directing the 1st defendant to pay damages to the plaintiff in the sum of N10 billion. The suit is marked FHC/L/CS/1268/2024. The defendants to the suit are Fidelity Bank Plc, Global Accelerex Ltd. and Interswitch Ltd.

In its statement of claim, the Plaintiff alleged that Fidelity Bank processed fraudulent chargeback requests and debited the Payment Service Provider’s settlement account without authorisation, consent or approval.

These debits allegedly continued unabated even after Fidelity Bank was cautioned on the fraudulent nature of the claims. The issues of fraud and unauthorised debits have been a recurring concern in the financial sector, particularly with E-payments.

It is estimated that several billions of Naira is lost yearly on this account. In most cases, there are allegations of negligence and collusion made against the financial institutions involved.

EDUCATION- Acclaimed Nigerian author Chioma Okereke, resident in the United Kingdom, has launched her latest literary work, ‘Water Baby’, following the success of her first novel, ‘Bitter Leaf’.

The Novel ‘Water baby’ is a captivating collection of stories that delve into the intricacies of the Makoko people in relation to their environment.

Speaking on the sidelines of the reading session organised for the public presentation and unveiling of the book in Lagos, the author said the novel is a coming-of-age tale portraying the societal pressures on a young woman trying to escape the confines of her community and explores wider issues including climate change, digitisation, gentrification, and resettlement.

Speaking on the crux of the book, Okereke explained that it’s centred around a “19-year-old baby yearning for a different existence in Makoko (the floating slum off mainland Lagos, Nigeria), where she can escape the future her father has planned for her.

“With opportunities scarce, Baby jumps at the chance to join a newly launched drone-mapping project, aimed at broadening the visibility of the informal settlement and her community against her father’s wishes.

“When a video of her at work goes viral, Baby finds herself with options she could never have imagined – including the possibility of leaving her birthplace to represent Makoko on the world stage. With the new opportunities presented, she must now determine her true place in the world and where her future lies.”

Continue Reading… https://itrybe.com/author-okereke-delves-into-makoko-culture-with-new-novel-water-baby/

Lagos, Nigeria - In a bid to revolutionize the art and fashion industry, Parable of the Talent, an initiative of CDREYWORLD, is set to launch a unique platform that showcases the works of emerging and established designers, artists, and creatives.

According to Dahunsi Mayowa, Executive Director of Parable of the Talent, the platform aims to address the often-undermined values of talents in the art and fashion space, providing a collaborative environment for creatives to thrive.

“The primary purpose of "Parable of the Talents" is to provide a unique and inclusive platform for emerging and established designers, artists, and creatives to showcase their talents in a collaborative environment”.

“The event is establish connections with the local creative community by organizing workshops, talks, and interactive sessions, promoting creative dialogue and knowledge exchange during the event”. He added.

The initiative, which kicks off with an event scheduled for Friday in Lagos, promises to foster collaboration, promote emerging talent, create an immersive experience, and engage the community through workshops, talks, and interactive sessions.

CDREYWORLD, an Art and Fashion company founded in 2019, has been at the forefront of promoting modern art and unique designs. With Parable of the Talent, the company seeks to merge quality with craftsmanship, promoting street style and creative diversity.

The event promises to be an exciting convergence of fashion and art, featuring curated showcases, events, and collaborations that will leave visitors in awe.

Join the journey to transform the perception of talent in the art and fashion world and celebrate the brilliance of creatives who inspire and create.

The Rhodes Yoga Festival, recently celebrated its second edition of an annual health and wellness event.

The event in alignment with the international Yoga Day celebration on June 22, 2024, featured a 21-day online yoga challenge and its grand event at the JJT park, Alausa Ikeja Lagos.

According to the convener, Erimoroti Motolani Aransiola the 21-day wellness event engages participants on instagram and other social media platforms with different yoga teachers from Nigeria and around the world.


She noted that, this dynamic approach was aimed to enhance flexibility and strength across major joints and body parts

The event saw over 180 registered participants, with more than 100 attendees on-site and 50 online.

Meanwhile, the festival received financial and product sponsorship from generous organizations and individuals such as GMCKS, Pranic Healing Center, Pocarisweat, Golden penny, IAMFIT, EatwithTessa, Brandy my Dp and others.

The festival also focused on empowering teenage girls through Yoga and mentorship to help them stay in school and build a brighter future. This year, the RhodesYoga Festival focused on #ProjectWalkwithMe, aiming to empower 200 teenage girls through Yoga, mentorship, and essential support. The initiative provided yoga session, life skills training, and three-month sanitary packages to help girls stay in school and build brighter future.

Arasnsiola called for generous contributions from well meaning individuals to support the transformative project.

She said, "Your help will empower girls with soft skills and mental awareness skills, provided a supportive network of mentors and ensure menstural hygiene and school attendance".

Other members of the festival organizing committee include Aduke Oderemi of YogabyAduke Social Media manager and team lead, Babatunde Olusanya of Lifelongfitness- Festival Finance, Olabowale Olosunde of WALEFIT-HUB- Festival Communications Manager, and Anuoluwapo Idris of Harnufitwellnesshub- Project Team Leader.

Jamiu Akorede Oladimeji aka Jayriz is making waves in the music industry with his unique sound and undeniable talent.

The young Afrobeats artist has revolutionised the music industry as he has captivated audiences worldwide with his dynamic performances and fresh musical style. Jayriz's dedication to his craft and his ambitious vision for his career have positioned him as a rising star to watch.

At 19, Jayriz's journey to fame began with his viral freestyle titled "Alone," released in May. This track, available on all streaming platforms, showcases his lyrical prowess and distinctive voice, quickly earning him a dedicated fan base.

His new single "Over Me," as highly anticipated by fans and critics alike, is making waves as another hit in his burgeoning discography.

Managed by the reputable E.F & R Limited, Jayriz has a strong team supporting his career. Their expertise and industry connections have been instrumental in propelling him into the spotlight.

Recently, Jayriz performed at a high-profile event attended by none other than YCee Omo Alhaji, further cementing his status in the Afrobeats scene. He has received support from influential figures such as Horlar of Lagos, Woli Arole, Mc Rhelax, Poco Lee, and Yhemo Lee, all of whom have publicly endorsed Jayriz and his music.

Jayriz's presence on social media, where he is known as @meetjayriz, has also played a crucial role in his rise to fame. His engaging content and interactions with fans have helped him build a strong online community of supporters from around the globe. He calls his fanbase “The RIZLAS”.

As Jayriz continues to release new music and perform at major events, his goal remains clear: to entertain music lovers everywhere and achieve the highest recognition for his work. With his talent, drive, and the backing of key industry players, Jayriz is well on his way to becoming a global Afrobeats sensation.

Keep an eye out for Jayriz's "Over Me'' as it makes more waves and join the growing legion of fans who have already discovered the magic of his music. Jayriz is here to stay, and the future looks incredibly bright for this young artist.

Corporate Accountability and Public Participation Africa (CAPPA) has warned the Nigerian Police Force (NPF) and the Department of State Services (DSS) against the planned clampdown on Nigerians engaged in a peaceful rally to commemorate democracy day.

The non-governmental organisation’s statement, issued early Wednesday, follows a series of statements by the DSS and the Inspector-General of Police (IGP) threatening to prevent the planned protests by well-meaning Nigerians, labour unions, and a coalition of civil society organisations (CSOs).

While reminding state authorities and security forces of their obligations to protect citizens' rights to freedom of peaceful assembly and expression, CAPPA called for a rethinking and strengthening of Nigeria’s democracy to achieve sustainable national development.

According to the organisation, despite 25 years of unbroken democracy in Nigeria, the persistent disregard for democratic principles has continued to limit citizens’ participation in decision-making processes and stifle meaningful progress.

“The diversity of opinions and active participation of citizens in political processes enrich democracy and promote nation-building.

“Yet the suppression of press freedoms, arbitrary arrests and detention of journalists, and vocal citizens and critics have become increasingly reoccurring instances in the country and disappointing indices that undermine the people’s power to have an equal voice in their government.

“Indeed, we have come a long way as a people on a journey, and this day, as always, holds major significance in our history. It is a timely reminder of the resilience and bravery we embody even in the face of challenges that threaten to swallow us.

“And it is for this reason that we must continue to uphold the sanctity of our nationhood and jealously defend it from the perils that threaten its wholesomeness,” CAPPA’s Executive Director, Akinbode Oluwafemi said in the statement.

The group admonished Nigeria’s leaders, saying the country’s democracy must strive to reflect the pursuit of fairness, inclusivity and happiness for all. But for this to happen, Nigerians must embark on an honest evaluation of where we are at this time and our efforts to embrace true democracy.

CAPPA pointed out that in this day and time, the pillars of democracy in Nigeria remain weak, with popular participation in governance waning while the promise of free and fair elections remains largely unfulfilled for many citizens.

This reality, the organisation noted, has contributed to the increasing wave of disillusionment and apathy among the populace.

“Moreso, the Nigerian state continues to operate with little or no regard for the principles of separation of powers, thereby compromising the ability of the different arms of government to self-regulate or even exert the necessary measure of checks and balances that helps to prevent the abuse of power and protect the rights and liberties of the people.

“The result is a weak legislature, a captured judiciary and a lawless executive revelling in impunity. Sadly, it is the Nigerian citizens who are the ultimate losers.’’

The statement concluded by encouraging state and political authorities to reject the body language that criminalises the prospects of an open government, adding that to do so would require the complete adoption of transparency, accountability and respect for the rule of law by the government at all levels and its institutions.

One of the aides to the National Leader of the New Nigeria Peoples Party (NNPP), Sen. Rabiu Musa Kwankwaso, Mal. Abdulmalik Suleiman has debunked reports in a section of the media suggesting that his principal is under probe by the anti-graft agency, the Economic Financial and other Crimes Commission (EFCC).

Rather, Suleiman who warned the public against the antics of some expelled leaders of the party said a court order cited in the reports was served on the NNPP as a party and not Kwankwaso.

Pointedly, Suleiman stated that his principal was not remotely or directly connected with the management of the funds that accrued to the NNPP before, during and after the election.

The media had been agog with the reports suggesting a probe of Kwankwaso with regards to how he has managed over N2b being campaign expenses.
Reacting to the claims, Suleiman absolved his principal (Kwankwaso), the NNPP and the leadership of the party of any wrongdoing with regards to how campaign funds were utilized during the last election.

He however blamed some suspended leaders such as former Chairman of the party's Board of Trustees, Dr. Boniface Aniebonam and few others are being behind the smear campaign in the media space, saying they (the expelled members) were doing so not only to embarrass the party but to also mislead the unsuspecting members of the public.

"My leader and the entire leadership of the party has been made aware of a court paper circulating in the media space, which has been feasted upon by a session of the media who have failed to find out the correct situation of things with regards happenings within the party.

"The media had even gone further to side step the real issues in the court summon which in itself is borne out of gross mischief to paint the party and our esteemed leader, Sen. Rabiu Musa Kwankwaso in bad light in the eyes of the unsuspecting public.

"The stories which is rather unfortunate considering the fact that they don't contain facts with regards to the case is being sponsored by discredited former members who are looking for any kind of opportunity to cast aspersion on the party and it's leadership, which has failed ab initio," Suleiman wrote.

Stating the fact of the case, Abdulmalik said some shadowy people who are not known to the party had sued the party and some leaders, alleging the fact that some phantom campaign funds are yet to be accounted for since the last general election and that the money in their warped opinion had been diverted.

Commenting further, "Sen. Kwankwaso was not the main party to the suit, some of these characters just joined him in the suit but the unsuspecting media lashed on to the antics of these elements to make him the main subject of the litigation."

According to Suleiman, "While I will not speak for the party as the party has enough capable hands to do that for it, I will like to use this opportunity to state that the finances of the party are very transparent enough for all to see. In fact, should any of these litigants feel obliged to see them, they will be made available to them.

Former Governor of Kano state and ex Defence Minister, His Excellency Senator Rabiu Musa Kwankwaso is to chair the much anticipated, The New Narrative Newspaper’s public presentation of the book titled “The Inclined Leader: Rediscovering The Principles for Your Personal Development and Growth authored by the newspapers’ Publisher and Chief Executive Officer, Mr. Kalu Okoronkwo.The event with the theme: Empowering Leadership & Fostering Good Governance for Sustainable Development will hold on Wednesday July 17, 2024.

Senator Kwankwaso, a distinguished statesman and Presidential candidate of the New Nigeria Peoples Party (NNPP) during the 2023 general election in Nigeria graciously penned the foreword to the book and brings a wealth of experience and insight to his role as Chairman of the event. Known for his dedication to leadership excellence and visionary governance, Senator Kwankwaso’s participation at the book presentation event promises to elevate the significance of the occasion and foster meaningful discussions among guests.

Speaking on the book launch, Publisher of The New Narrative Newspaper Mr. Kalu Okoronkwo said that the editorial board and management of the newspaper is honoured to have Senator Kwankwaso penned the foreword for the book and also to chair the public presentation .“Senator Kwankwaso’s reputation as a principled leader and advocate for positive change perfectly aligns with the themes and messages conveyed in The Inclined Leader.

We are confident that his presence will enhance the significance of the event and inspire engaging dialogue among participants” said Kalu. The book is a compendium on leadership and offers valuable insights and perspectives on leadership and good governance.

“The book presentation event will also provide attendees with an opportunity to engage and participate in discussions, and gain deeper insights into the issues addressed in the book” he emphasized.He said that the event will draw participants and stakeholders among political office holders, government officials, business leaders, academics and the general public. “Attendees can anticipate an intellectual stimulation, lively discourse, and networking opportunities with fellow thought leaders and professionals” he concluded.

SPORT: PariPesa, a leading sports betting brand, recently took a meaningful step towards giving back to the community and promoting sportsmanship among Nigerian youths. By donating full football equipment and kits to tertiary institutions in Nigeria, the company demonstrated its dedication to sports and corporate social responsibility.

Continue reading... https://itrybe.com/united-by-sport-paripesas-impact-at-lasustech/

The maidens in the KwaZulu-Natal province of South Africa play a significant cultural role in the Zulu community. They are known as the “maidens” or “izintombi” in Zulu. These young women are celebrated for their purity, beauty, and commitment to upholding the traditional values of the Zulu people.

Weeks ago, pictures of these maidens well adorned in their colorfully-beaded and traditional attires yet partially exposed were all over the media landscapes. The beautiful ladies gleamingly revealed their seemingly fresh breasts; and this caught the attention of netizens. I must say that my curiosity made me decide to conduct some research of the pictures and this piece gives the account of my findings. As such, after I read about the pictures, I consulted an isiZulu Fulbright Scholar (2023/24) at the University of Georgia, Athens, in the United States of America for a more accurate understanding; she validated my findings and gave more resources, one of which is the following YouTube link:
https://www.youtube.com/watch?v=m6L0f69lpDk

To begin with, the decision of the maidens to dress in a partially exposed manner is for certain cultural ceremonies, such as the Reed Dance in KwaZulu-Natal. Importantly, this choice is voluntary as the exposed areas are often associated with youth and innocence.

Continue Reading… https://itrybe.com/south-african-tradition-the-kwazulu-natal-maidens-playing-a-significant-role-by-gbenga-oyelakin/

Kaduna State Governor, Alhaji Uba Sani recently stunned residents of the state and Nigerians at large when blamed the inability of his administration to pay workers’ salaries and other financial commitments of the state on the huge debts, he said he inherited from the government of his predecessor, Mallam Nasir El-Rufai.

Gov. Sani is reported to have stated this while addressing a town hall meeting in Kaduna penultimate Saturday, saying pointedly that his administration inherited a debt burden of $587 million, N85 billion and 115 contractual liabilities from his predecessor.

While addressing his bemused audience, the governor said N7 billion out of the N10 billion federal allocations for the state in March was deducted to service the state’s debt, saying the state was left with the N3 billion, which he said was not enough to pay salaries of the state’s workforce which stood at N5.2 billion.

Ludicrously , Gov. Uba Sani who once accused his predecessors in the Senate, especially Sen. Shehu Sani of playing politics by opposing Kaduna state $350M World Bank loan request that was rejected by 8th Assembly, said the senators put their personal interest above the interest of the people they are representing. The governor then promised that he will revisit loan, saying the World Bank loan was critical to the people of his state and that "its not about Governor Nasir El-Rufai or any other person, it is about the people of Kaduna State"

Appraising the revelation of the governor, one will come to the conclusion that Gov. Sani’s decision to come out in the open at this time is simply borne out of mischief because of the serious political undertone that is clearly visible even to the blind.

The time lag with respect to the timing of the revelation is suspect for two basic reasons, why did he (the governor) choose this time as appropriate for him to make the revelation considering the fact that he is almost a year into his tenure of office?

The answer to this is very simple, he is doing the biding of political forces within and outside the state who are working to demystify el-Rufai who many see as political force in the build up to the 2027 general election. One example for this is the recent visit of the immediate past governor to the national secretariat of the Social Democratic Party (SDP) in Abuja.

Any political watcher will no doubt know that the governor is being propelled by some forces outside the state to act the way he has acted. These forces who are terrified by the visit of the former governor are perhaps using the governor as a pun to settle some scores with el-Rufai.

Another way to look at it is that the governor who is largely seen as underperforming by the people of the state is only shopping for excuses to explain away, his lackluster scorecards with the people, hence the need to play the el-Rufai card which by all intent and purposes will blow up on his face on the long run.

The huge allocations accrued to the state in the last three (3) IGR inclusive shows that Gov. Sani is being economical with the truth about the real financial position of the state in terms performance.

The simple truth of the matter is that the claims being made by the governor had been in the public domain prior to the exit of the former governor who had consistently maintained that the figures being quoted by Gov. Sani were the actual financial exposure of the state committed during his tenure.

From all available facts and records, former governor el-Rufai has not changed his position on this, so therefore the efforts of Gov. Sani to paint him (el-Rufai) black in the eyes of the people through his reckless public pronouncement can be akin to playing to the gallery.

For those who know, the financial exposure to which the state was committed to, believe it was well utilized by the immediate past government as evident in the numerous developmental and social infrastructural landmarks that now dot the nooks and crannies of the state.

It is to the credit of the immediate past administration in Kaduna State that efforts were successfully made to modernized the state along progressive lines with the building of quality infrastructure such as roads, bridges, schools, hospital, modernisation of markets, numerous revenue generating ventures, eg KAGIS etc and the likes which have in turn facilitated overall development of the state.

The only admonition I have for Governor Sani is to tell him that whoever seeks and obtains leadership in any sphere or space must always know that he is going to inherit assets and liabilities and that the success of any leader is measured by how he is able to turn liabilities into positive and visible assets for the development and progress of such society, Lagos is a good example.

It must be noted however, that former governor el-Rufai too inherited some liabilities upon assumption of office but rather than complain as his successor is currently doing, he resorted to looking inwards and inventing administrative ingenuity to rework the state towards the path of growth and success.

This is what Governor Sani should do and not to serve as a pun for some puppet masters who might seek to use him as a pun in the murky political terrain. What the people of Kaduna are demanding is good governance and not excuses.

The former Governor of Osun, Mr. Gboyega Oyetola, has hinted that the immediate past Minister of Interior, Ogbeni Rauf Aregbesola, may not survive an onslaught against him over his recent political activities in Osun when the time comes.

Oyetola said some members of the IleriOluwa faction of the All Progressives Congress (APC) in Osun, will “square up with Aregbesola when the time comes.”

Speaking through his Spokesperson, Ismail Omipidan, in an article circulated on Friday, the Minister of Marine and Blue Economy threatened that Mr. Aregbesola will not be able to withstand the onslaught.

His words, “But one thing Aregbesola must know is that an average Osun APC faithful only appears to be waiting for the appropriate time to square up with him. When the time comes, the former governor may not be able to withstand the onslaught,” Oyetola fumed.

It would be recalled that on February 14, 2022, Aregbesola was attacked by gunmen allegedly sponsored by the Oyetola-led government at the Old-Garage area of Osogbo, while returning from a political event, in Ilesa.

On November 18, 2021 and on February 3, 2022, some armed political hoodlums suspected to have been sponsored by Oyetola-led IleriOluwa faction of the APC, attacked Oranmiyan House in Osogbo, and shot directly into the building and also attempted to burn it down during a meeting of members of the defunct The Osun Progressives (TOP).

There have been series of attacks against Aregbesola and his aides from the camp of the Minister of Marine and Blue Economy, with the latest of the threats coming from Oyetola through his spokesperson.

Owing to the spread of misinformation and disinformation, the Center for Media and Society (CEMESO) and IFEX have trained media practitioners on digital autonomy and digital resilience in other to enhance the accuracy and reliability of information.

In his opening remarks at the two-day training in Ibadan, Oyo state, the Executive Director, of CEMESO, Dr Akin Akingbulu said misinformation and disinformation pose a pervasive challenge to democracy by undermining the integrity of information and, at the same time eroding public trust in democratic institutions.

“In a digital age where information spreads rapidly and easily, false narratives can sway public opinion, distort political discourse, and manipulate electoral processes. These phenomena not only threaten the credibility of democratic systems but also endanger the fundamental rights of citizens to make informed decisions.

“Tackling misinformation and disinformation requires collaborative efforts from governments, media organizations, civil society, and individuals to promote media literacy, fact-checking, and critical thinking skills. By addressing these challenges head-on, democracies can uphold transparency, accountability, and the free exchange of ideas essential for their functioning”.

Akingbulu called on civil society organizations to promote media literacy in other to enhance the accuracy and reliability of information.

‘We have the professional responsibility to safeguard the truth, protect democracy, and combat misinformation and disinformation’.

According to him, the very essence of media independence, freedom of expression, and access to information hinges upon the practitioners’ ability to discern truth from falsehood, and fact from fiction.

“Through this training, we equip ourselves with the necessary tools to navigate the digital landscape responsibly and ethically”.

Understanding misinformation and disinformation, Digital literacy fundamentals, Addressing Bias and Echo Chambers, and identifying credible sources and fact-checking techniques were among the topics that were treated.

However, he charged the practitioners to be fact-checker ambassadors as they embark on the journey to sharpen their critical thinking skills, bolster their digital literacy, and fortify their defenses against the onslaught of misinformation.

The media professionals drawn from across broadcast, print, and online media platforms are expected to train other journalists with the digital skills that they have gained.

Facilitators at the two-day training include; David Ajikobi, the Nigerian Editor of Africa Check, and Williams Osewezina a Media expert and Digital Literacy enthusiast.

In today’s fast-paced, competitive world, where people from diverse backgrounds seek greener pastures, there exists a community dedicated to empowering and inspiring Africans in the diaspora. Through storytelling enriched by experience, knowledge, and opportunities, Japa.run stands out as a beacon of support and inspiration.

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Our approach at Japa.run centers on empowering Africans with vital resources, ideas, and community connections, enabling individuals to navigate their journeys abroad confidently. This platform allows Africans to either build their community or join existing ones, transforming these spaces into hubs of passion, energy, and innovative ideas. The result? A stronger, more progressive platform for Africans, transcending borders.

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The PalmPay app now has enhanced features allowing users to effortlessly add their National Identification Number (NIN) and Bank Verification Number (BVN) to their wallets while upgrading their Know Your Customer (KYC) levels.

PalmPay’s streamlining of the process for users to fortify their wallets with vital identification details is in response to the evolving regulatory landscape and commitment to users’ safety and ahead of the CBN’s deadline of March 31, 2024.

The integration of NIN/BVN adds an extra layer of authenticity to user profiles, fostering a safer experience for PalmPay users and a robust financial ecosystem.

Here’s a step-by-step guide for users to leverage these new features:

1. Access Your PalmPay App: Open the PalmPay app on your smartphone device.
2. Navigate to Profile/Settings: Locate the “Profile” or “Settings” section within the app.
3. Access KYC/Verification Section: Find the KYC (Know Your Customer) or Verification section.
4. Add NIN/BVN: Follow the instructions to input your NIN and BVN details seamlessly.
5. Complete Additional KYC Steps: Provide any supplementary documents or information as prompted to complete the KYC process.
6. Submit for Verification: Once all details are entered, submit the information for verification.
PalmPay remains dedicated to ensuring a user-friendly experience while adhering to the highest standards of compliance and security.

Users are encouraged to explore the app’s help section for additional guidance or contact PalmPay’s customer support team for personalized assistance.

To stay tuned for further updates as PalmPay continues to innovate and enhance the financial well-being of its users, follow PalmPay on social media – on Instagram@palmpayapp_ng, Twitter @palmpay_ng, Facebook@palmpayapp.ng.

tosinobikoya49:
I want to purchase the analog terminal outrightly and I was told there is no direct transfer, first I have to withdraw and then make the transfer. Is that true ? Another thing is can I pay utility bills on the analog terminal ?

Kindly contact PalmPay customer support via phone number on 01-8886888, email via support@palmpay.com and social media on Instagram @palmpayapp_ng, X @palmpay_ng, and Facebook @palmpayapp.ng.

In today’s world of e-commerce, the right financial tool can gravitate from the more technical accounting software and payroll management tool to the less complicated but secure digital payment platform and Point of Sales (POS) machine.

Big on secure digital payments, leading fintech platform PalmPay offers digital financial tools such as PalmPay Business app and Point of Sales (POS) machines for business owners to collect payments from customers and help grow their sales and increase profit.

As of 2023, PalmPay’s cashless payment ecosystem processed up to 15 million daily transactions and $6 billion monthly transaction value, earning it one of the highest retention rates in the market, with 75% of users returning every month to transact.

More than 40 million people, representing 1 in 5 Nigerians, trust PalmPay’s network to shop and pay for utilities monthly. This number represents the number of people who have accessed PalmPay services through its secure and seamless smartphone apps or merchant and agent networks.

PalmPay POS

One challenge faced by business owners before the coming of fintech platforms was the lack of more options to receive payments. With fintech apps or POS machines, businesses can now effortlessly receive payments.

Since launching in Nigeria in 2019 under a Mobile Money Operator (MMO) license, PalmPay has grown to over 30 million users and 1.1 million businesses, including 600,000 merchants and 500,000 agents, as part of its cashless payment ecosystem.

The PalmPay POS is fully certified by the Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS) and supported by private organizations in Nigeria’s financial industry to receive payments from customers.

The over 600,000 merchants using the PalmPay POS experience an impressive 99.5% success rate and enjoy loads of other financial benefits on daily transactions.

PalmPay App

The PalmPay app is the jewel in the crown of digital payment platforms for business owners in Nigeria. The PalmPay app held the top spot on the Nigerian Google Play download chart as the most downloaded finance app for a long time.

One thing that makes PalmPay attractive is its reward system. Both business owners and their transacting customers get rewarded using the PalmPay app. Each time your customers make payments, they get discounts and cashback.

Customers enjoy cashback when they use the ‘Pay to Shop’ feature on the PalmPay app. With the PalmPay ‘Pay With Transfer,’ customers can experience a better way to shop and pay in-store by earning exclusive cashback.

Buyers using the PalmPay app can pay via the ‘Pay Shop’ feature to a network of over 500,000 shops, restaurants, and street vendors who accept the ‘Pay with Transfer’ and earn up to N500 cashback daily when paying the merchants.

Businesses or merchants of all sizes can display or paste the PalmPay Brand Mark Poster with their Merchant Account and accept payment from any Nigerian bank with the PalmPay app with no additional fee for any hardware.

Also, customers who make payments for purchases to traditional bank accounts of businesses through the PalmPay app enjoy discounts and cashback.

Why Use PalmPay?

As a small business owner, deciding to use PalmPay has its benefits. One is its reliable network. As the industry’s leading, reliable and seamless fintech platform, 99.5% of transactions are successful on the PalmPay app.

Then there are discounts. Unlike other competing fintech platforms, PalmPay offers its users several exciting discount packages and bonuses whenever they transact with the app, including 90 free monthly transfers to other banks.

How to Get Started

Entrepreneurs looking to get POS machines to receive payments for their business can fill out the application form with their personal and business details, including their name, address, phone number, and email address, and submit it for approval.

Are you interested in becoming a merchant? Download the PalmPay Business app from the Google Play store and join the thousands of businesses on the platform.

In the world of unending bank charges, PalmPay is an oasis in the desert. So, yes, turn your small business’s New Year resolution of “No gree for anybody” into a challenge on how to grow your business and earn more money.

A Federal High Court in Lagos has ordered the Yaba College of Technology (YABATECH) to pay Ms Blessing Oladunjoye, an award-winning journalist and publisher of BONews Service, the sum of N300,000 as exemplary and aggravated damages due to the institution’s blatant and illegal violation of her right to information.

Additionally, the court instructed YABATECH to provide her with all the information she had initially requested.

Describing the information sought from YABATECH by Ms Oladunjoye as being of “public interest”, Justice Daniel Emeka Osiagor stressed that compliance with the Freedom of Information (FOI) Act is mandatory in enhancing transparency and accountability in the public sector.

Justice Osiagor held in his judgment in the suit filed by Ms Oladunjoye against YABATECH and its Rector that the failure or refusal by the institution to grant her access to the information she requested by her letter dated October 26, 2020 was a violation of her right of access to information established and guaranteed by Sections 1(1) and 4 of the FOI Act.

Mr. Owolabi Dawodu, a Lagos-based lawyer and member of Media Rights Agenda’s network of lawyers, filed the suit on behalf of Ms Oladunjoye on March 1, 2022, against YABATECH and the rector of the institution, asking the court to declare that the failure and/or refusal by the institution to grant Ms Oladunjoye access to the information requested in her letter dated October 26, 2020 is a violation of her right of access to information established and guaranteed by Sections 1(1) and 4 of the FOI Act.

She also asked the court for an order compelling YABATECH to disclose or make available to her the information, which she had requested in her letter, namely: Copies of all data protection policies of YABATECH, issued in conformity with the NDPR; The name and contact details of the Data Protection Officer of YABATECH, designated in accordance with the NDPR, together with the institution’s relevant data privacy instruments and data protection directives;
Details of all capacity building training or other capacity building activities undertaken for the Data Protection Officer of YABATECH and other personnel of the institution involved in any form of data processing since the issuance of the NDPR; The number of persons or individuals whose personal data YABATECH processes on an annual basis, that is over a period of 12 months. A report from a detailed audit conducted by YABATECH of its privacy and data protection practices in accordance with the NDPR.

Other reliefs sought by Ms Oladunjoye included an order directing YABATECH and its rector to pay to her the sum of N1 million as exemplary and aggravated damages for the flagrant and unlawful violation of her right of access to information and the wrongful denial of the information to her.

In his judgment, Justice Osiagor disagreed with YABATECH that the information requested by Ms Oladunjoye fell within the exemptions provided in Section 15(1) of the FOI Act, describing as “very strange” the institutions interpretation that the information she asked for amounted to trade secrets, financial information or personal information on third parties.

Detailing all the information requested by Ms Oladunjoye in her letter to YABATECH, he asked “is this information categorized as personal data that ought to be protected?”
The judge quoted copiously from the FOI Act and also referred to the National Information Technology Development Agency (NITDA) Act of 2007 and noted that NITDA “is mandated by the Act to develop regulations for electronic communication that may improve the exchange of data and information as an alternative to paper-based methods in government.”

According to him, in January 2019, the Director-General of NITDA signed the NDPR under the NITDA Act, Section 4.1(1) of which provides “all public and private organizations in Nigeria that control data of natural persons shall within three months after the date of the issuance of the Regulations make available to the general public their respective data protection policies, these policies shall be in conformity with the regulations”.

Justice Osiagor observed that it is under these Regulations combined with the FOI Act that Ms Oladunjoye wrote to YABATECH on October 26, 2020 demanding to know about their data policies but received no response.
He said YABATECH’s refusal to comply with the FOI Act and the NITDA Regulations 2019 was hinged on the information requested by Ms Oladunjoye consisting mostly of trade secrets and commercial or financial information obtained from third parties based on its claim that the journalist sought “personal information of persons and/or third parties.”

Reproducing Ms Oladunjoye’s request letter in full, the judge said: “this information in the main seeks to know the state of compliance by the Respondents in the education sector in complying with the NITDA Regulations and thus enhancing migration from paper-based to paperless correspondence in governance as the preamble to the Regulation demand.”

He stressed that “These demands are of public interest as compliance with the Freedom of Information Act concerning the Data Protection Regulation, 2019 is made mandatory in enhancing transparency and accountability in the public sector.”

Justice Osiagor noted that the information requested by Ms Oladunjoye fit into the records which all public institutions are required to keep about their activities, operations and businesses under Section 2(1) of the FOI Act and are thus not the personal data of third parties as argued by YABATECH.

The judge concluded that the demands made by Ms Oladunjoye were of public interest and aligned with the transparency and accountability goals of the FOI Act. As a result, he granted all the reliefs sought by her, except for reducing the damages claimed to N300,000.”

At the PariPesa office, an exclusive ceremony unfolded, honouring three fortunate winners of the ‘Win 5,000,000 NGN with PariPesa!’ monthly promo. These lucky participants received coveted cash prizes and shared their success stories. The ceremony was more than just a celebration of successful bets; it was PariPesa keeping their promise to appreciate and reward their most engaged customers.

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SPORT- Webber Hoops and Courts in conjunction with Hoop Dreams Nigeria hosted the Lagos Slam Jam 3×3 Basketball Championship last weekend at 1004 estate in Victoria Island.

Webber Hoops and Courts, have disclosed their intention to facilitate the construction of basketball courts across the country.

The championship had over 16 teams vying for the #500,000 Prize money.

Kingsmen defeated White Fire by 14 to 9 points to win the one-day 3×3 Webber Basketball Championship.

The Kingsmen team had Ezike Somto (Lagos Raptors), David Edward (Lagos Legends), Abel Offia (Rivers Hoopers), Regina Iorunumbe (First Bank), Favour Essien (MFM) and Ogunsemore Olajide (Comets).

Webber 3×3 Championship Organisers Seek To Build Courts Nationwide

Speaking at the end of the championship, MD/CEO, Webber Hoops and Courts Engineering Limited, Opeyemi Babalola, said the event is aimed at promoting basketball and take it to the same level as football and also create an atmosphere to show Nigerians that the sport could be played in any open space like football.

“Apart from organising basketball events and identifying talents, Webber Hoops and Courts is also using the event to also show Nigerians that we construct basketball courts at all levels, including permanent or mobile courts.

“When I was based in Angola, I discovered one major secret why the country is doing well in basketball and the game is rated as a major sport more than football is because there are courts at every location in the country.

“When I came back to Nigeria, I decided to start the business of constructing basketball courts. For basketball to grow in Nigeria to the same level with football, we need to encourage the construction of courts everywhere.

“Because of space constraint, we also create mobile courts, which can be used in any available space temporarily or permanently. So, organisations, schools, churches, mosques, among others that want to organise basketball tournaments can use mobile courts for such events.

“This initiative will help to promote the growth of basketball in Nigeria at all levels,” he said.

On the 3×3 Webber Basketball Championship, Opeyemi said in 2024 his firm will organize it in other part of the country.

“We are still coming to the Mainland and also to Abuja. The 3×3 basketball tournament allows girls to be in the same team with the boys to show that the sport is for all genders. It is an all inclusive sport,” he said.

Whoever said you cannot have your cake and eat it too never sought creative ways to grow their money using the PalmPay Flexible Savings.

Also known as Cashbox, the PalmPay Flexible Savings is a financial product designed to empower users with a flexible and rewarding way to save money.

As part of its drive for financial literacy among the unbanked community, PalmPay through this savings feature promotes prudent financial habits and economically empowers Nigerians to achieve their financial inclusion goals.

Unlike traditional savings accounts with low interest rates, the PalmPay Flexible Savings with up to 20 percent interest rate allows users to make money and save simultaneously, serving as an attractive alternative to traditional savings accounts.

This feature is attractive because Nigerians usually earn up to 4.2 percent interest on their savings deposits with a traditional savings account which makes the 20 percent interest rate offered by the PalmPay Flexible Savings better by a mile.

Traditionally, savings accounts are set up to function strictly as a warehouse to store one’s money, the reason for the low interest rate. Also, whatever interest is gained from traditional savings is usually lost to bank charges.

Savings deposits have never been attractive as an interest-yielding financial product other than to be used for saving seed money to start a business idea or to be used to pay for things like house rent and probably purchase a car.

The PalmPay Flexible Savings is different. More than having the highest interest rates in the financial industry of daily payouts, users can watch their savings grow daily while having the freedom to access their funds whenever needed.

Interest is paid to users’ flexible savings accounts every morning, with no minimum amount to participate, while users are empowered to tailor their savings strategies to align with their unique financial goals and timelines.

Aside from providing customers with daily interest payouts, users’ deposited funds remain accessible for withdrawal at any time without penalty.

Interest is calculated on the Cashbox balance, with earnings applied to both the principal amount and the accumulated interest from previous savings.

The savings feature empowers users, regardless of their income bracket, with access to high-yield returns, accelerating their journey to financial freedom by offering them an effective way to build their financial stability and grow their wealth.

A stand-out feature of the PalmPay Flexible Savings is its auto-save function that automatically transfers any deposited funds into the user’s Cashbox, with the savings balance then used directly to make transfers and bill payments.

This eliminates the need for manual funding and withdrawal, allowing users to streamline their savings journey and enjoy effortless wealth accumulation.

Saving has never been this rewarding. If you’re not already using PalmPay and want to save and grow your money, download the app via https:///4805x0k or visit our social media platforms @PalmPay Nigeria for more information.

One of the factors limiting financial inclusion among the unbanked is the perception that banks are not safe to store money. This concern increases exponentially with digital banking platforms as the suggested mode of banking.

News headlines such as “Electronic Fraud: I called my bank to block my account but the criminals still cleared my money” and “78,584 e-payment fraud cases recorded in one year” do not help the assertion that digital payments are safe and secure.

However, the truth is that your money is safer in a bank than it is hidden under your bed at home and safer with digital wallets like PalmPay, whose deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC).

For your money to remain secure, aside from the security measures put in place by banks and fintechs, you owe it to yourself to take safety precautions by following these eight vital steps to enhance your bank account security.

Create strong passwords

Passwords should be complex but easy to remember. To prevent your bank from being hacked, use a complex password with a mix of uppercase and lowercase letters, numbers, and special characters, for example (GOdsent123@) and avoid using easily guessable information like birthdays, pet names, and names for passwords.

Enable Two-Factor Authentication (2FA)

Where applicable, enable two-step authentication for your online banking to ensure an extra layer of security. Because this requires that a second form of verification is sent to your mobile device, it makes hacking your bank account difficult. Users of the PalmPay app can enjoy its built-in safety and security features.

Monitor your accounts regularly

Safety may begin with an ‘S’ but it starts with ‘U’. The human component of safety is as important as the technology side. Bank security measures are not enough to protect your money; follow safety precautions to enhance your account security. You are less prone to financial attacks when you keep an eye on your bank statements and transaction history and immediately report any discrepancies to your bank.

Protect personal information

Your PIN is called a Personal Identification Number for a reason. You must avoid sharing such and other sensitive information and be cautious about sharing your personal information online, especially on social media. Thread carefully when using a bank or making payments through a point of sale (POS). Always stay vigilant and watch out for possible irregularities while patronising POS agents.

Regularly update banking apps

Failure to regularly update your banking app leaves your account open to fraudsters. This is because the latest bank app updates often include security enhancements like PalmPay’s auto-logout feature. This security feature requires users to always input their PIN when they reopen the app after each logout.

Set limits for your bank account

Beyond having biometric features, many banks and fintech platforms like PalmPay have features that enable you to set account limits for specific activities such as large transactions. Stay informed on your bank account activity and peg a withdrawal limit to serve as an alarm bell for unauthorized transactions on your account.

Beware of phishing attempts

There are going to be numerous phishing attempts during this period. Be cautious about emails, messages, or phone calls asking for personal information. Do not click on links or download attachments from suspicious sources. Legitimate financial platforms like PalmPay won’t call, text or email requesting your personal information.

Education, education, education

Educate yourself by staying informed about common scams and fraud tactics, and be cautious about clicking on links in emails or text messages, especially if they seem suspicious. We are big on financial literacy in PalmPay. Take advantage of our Wallet Safety Workshops to educate yourself on best safety practices.

Let’s say that your bank’s safety measures are top-notch and you’ve done everything advised here to enhance your bank account safety but still get hacked by fraudsters, quickly report any fraudulent activity to your bank’s customer support to help you with quick resolution and recovery of stolen funds.

As the holiday draws near, fraudsters are on the prowl for whom to defraud using dubious shopping websites and posing on social media platforms as customer support agents of legitimate businesses to steal your identity.

While activities of online fraudsters are more sophisticated and are posed to spike during the holiday season, according to reports, other types of frauds that fraudsters are likely to use in defrauding you include digital loan scams, one-time password (OTP) scams, giveaway campaign scams, and free gift or voucher scams.

Aside from the security measures put in place by businesses such as banks, fintechs and online shopping stores, you owe it to yourself to take some safety precautions when conducting financial transactions during this holiday season.

Here are five easy safety tips to save yourself from fraudsters this holiday.

Shop from secure retail outlets

Shoppers this holiday season will see an increase in dubious shopping websites, with some of them offering ridiculous discounts to attract unsuspecting shoppers to input their debit card details which would be stolen by fraudsters.

Do not shop on an online retail store that you don’t trust or haven’t used before, it doesn’t matter whether they are offering the best discount. Moreso, if the discounts they are offering look too good to be true, it’s probably because it is not true.

Shop using verified online websites or payment apps that are secure and seamless. Payment apps like PalmPay have been integrated with different business outlets, allowing you to pay your bills and utilities securely and with ease.

Use only trusted POS machines

Whether you want to withdraw cash to spend this holiday season or make payments using a point of sale (POS), it is good that you thread carefully and only patronise POS agents that have terminals of fintech brands that you can trust.

Stay vigilant and watch out for possible irregularities while patronising POS agents. To ensure that the details of your card are not stolen, hide them and do not input your personal identification number (PIN) in the presence of other people.

Using POS terminals of trusted fintech companies cannot be emphasised enough. For ease of transaction, use POS terminals that offer a good network, a reliable system with less than one percent failure rate, an option to know banks’ network updates in real-time, and 24/7 quick customer dispute resolution.

Be wary of unsolicited calls, emails and texts

Expect to receive several unsolicited phone calls, emails and text messages from scammers claiming to be from businesses that you know. Some of these calls, emails and texts would claim that you’ve won a discount or holiday giveaway from a trusted business and would ask you to pay some money to enjoy the discount or giveaway.

Do not fall for this trick. Legitimate businesses will not ask you to pay money to enjoy a giveaway promotion or require that you send sensitive bank details to be granted access to a discount. Beware! No staff or agents of PalmPay will call or text you to ask for money or sensitive information in exchange for a coupon or a discount.

Research discounts, giveaways

This brings us to the next and one of the most important safety tips to always apply during this holiday season and after. Always do your research on purported discounts and giveaway challenges supposedly coming from trusted brands.

During the holiday, whenever you come across an ongoing giveaway promotion, go to the official social media accounts and websites of the brand to verify. Any discount or giveaway challenge that is not communicated to the public through the official social media channels of a legitimate business should be viewed cautiously.

Every discount and giveaway by PalmPay is usually posted on the company’s social media pages. Follow the right handles on Instagram, Facebook, X (formerly Twitter), TikTok and LinkedIn, and always look out for the verified check marks.

Avoid fraudulent fintech apps

Do not give out your personal information and bank details to fintech platforms that you do not trust. It is important that we repeat this safety warning. Do not download fintech apps that are not regulated by the government.

Loan or fintech apps that are not regulated by the Central Bank of Nigeria (CBN) and whose deposits are not insured by the Nigeria Deposit Insurance Corporation (NDIC) should be avoided completely. Before downloading any fintech or loan app, conduct your research to ensure that they boldly carry the CBN and NDIC badges.

Aside from being regulated by the CBN and insured by NDIC, at PalmPay we go the extra mile to ensure that our over 30 million users and the more than 1.1 million businesses that are part of our payment ecosystem are safe from fraudsters. Follow our social media handles to stay up-to-date on safety guidelines.