One Pastor Marvelous Odalo a.k.a Eranto-Eranto from Edo state has been busted after allegedly defiling and impregnating a girl, now confirmed to be 12-years old.According to information revealed by Harrison Gwamnishu, the CEO of Behind Bar Initiative (BBI) the pastor’s sister took the little girl to the hospital to abort it.

“12-YEAR OLD CHILD DEFILED AND IMPREGNATED BY PASTOR MARVELOUS ODALO (A.K.A Eranto Eranto). The 12-year old victim was taken to the hospital for abortion by pastor’s elder sister and she has since then been missing for the the past four days.

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Mr Odu died on Tuesday, a disclosure sent to the Nigerian Stock Exchange by the bank’s secretary, Somuyiwa Sonubi, said.

The late bank chair joined the Board of Directors of Union Bank in 2012 and was appointed Chairman of the Board of the bank in November 2015.

Prior to his appointment as Chairman, Mr Odu was the Chairman of the Bank’s Risk Management Committee and served as a member of the Finance and General Purpose and Credit Committees.Mr Odu had nearly 45 years of professional, managerial and director level experience.

His 40-year career at ExxonMobil saw him rise from Trainee to Vice Chairman of the Board of Mobil Producing Nigeria and Chief Financial Officer of ExxonMobil Upstream Companies in Nigeria, making him the highest ranking Nigerian in the organisation until his retirement in 2012.

During the span of his career at ExxonMobil, he served in many technical and managerial functions including Associate Geologist, Treasurer, Controller, Project Finance Director (Europe, Middle East and Africa), Country HR Manager and General Manager, Planning and New Business Development.After his retirement from Exxon Mobil in 2012, Mr Odu joined African Capital Alliance and then Chief Executive of the firm.
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https://zubbyland..com/2019/09/pressure-mounts-on-osinbajo-to-resign.html?m=1

The House of Representatives has asked the Central Bank of Nigeria to suspend the charges imposed on cash deposits in the implementation of its cashless policy.



The suspension, according to the federal parliament, should remain until the apex had made due consultations with all relevant stakeholders.

Source: https://zubbyland..com

Call for the suspension was contained in a motion unanimously adopted during Thursday’s plenary, which was moved by Chairman of the House Committee on Media and Public Affairs, Mr Benjamin Kalu.



3'



BUSINESS

Cashless policy: Reps ask CBN to suspend charges on deposits

Published





Leke Baiyewu, Abuja



The House of Representatives has asked the Central Bank of Nigeria to suspend the charges imposed on cash deposits in the implementation of its cashless policy.



The suspension, according to the federal parliament, should remain until the apex had made due consultations with all relevant stakeholders.



Call for the suspension was contained in a motion unanimously adopted during Thursday’s plenary, which was moved by Chairman of the House Committee on Media and Public Affairs, Mr Benjamin Kalu.





The motion was entitled, ‘Need to Suspend the Implementation of the Cashless Policy on Deposits by the Central Bank of Nigeria.’



Adopting the motion, the lawmakers resolved to urge the CBN to “suspend the implementation of the cashless policy on deposits which has taken effect from Wednesday, 18th September, 2019, until appropriate and extensive consultative process is concluded.”



They also resolved to mandate the House Committee on Banking and Currency to interface with the CBN to “ascertain the propriety, relevance and the actual need for the implementation of that aspect of the cashless policy at this time, considering the prevailing economic situation of the country and to report back to the House within four weeks.”Kalu, while moving the motion, said the House was against implementation of the policy as it would cause more hardships for Nigerians.



He said, “The House is deeply worried that the implementation of cashless policy on withdrawals has negative impacts on micro, mini, small and medium scale enterprises, which are clearly the engine room for growth of the economy and employment generation, thereby throwing many of them out of business and sending more Nigerians into poverty. forcing more traders and micro investors to carry cash about with its attendant security challenges.The House is aggrieved that while the impact of the cashless policy on withdrawals is still staring us all in our faces as well as other numerous burdensome charges by Nigeria’s Money Deposit Banks heavily impacting on businesses, the CBN deemed it necessary to impose the implementation of cashless policy on depositors ,without due consultations with all shades of stakeholders who will be impacted by the policy.The lawmaker noted that the policy on cash-based transactions (withdrawals) in banks was aimed at reducing and not eliminating the amount of physical cash (coins and notes) circulating in the economy, and encouraging more electronic-based transactions, including payments for goods and services, and transfers.



The lawmaker explained that the cashless policy was introduced for a number of key reasons, including the need to drive development and modernisation of the country’s payment system, in line with Nigeria’s Vision 2020 goal of being amongst the top 20 economies by the year 2020.



The goal, according to Kalu, is to reduce the cost of banking services, including cost of credit, and drive financial inclusion by providing more efficient transaction options and greater reach.

Also read:
https://zubbyland..com/2019/09/pressure-mounts-on-osinbajo-to-resign.html?m=1

Big Brother Naija housemate, Mercy has finally joined the big league, as she gets verified on Instagram.The curvy reality star, who recently bought her way to the semi finals of the show after getting immunity would indeed be excited about the good news. With over two hundred thousand followers and still counting, her IG verification would indeed solidify her base as one of the most popular housemate this season.Biggie had on Monday night gave the housemates first opportunity to make purchase with the coins they received in the reality show. Unlike others, Mercy begged for more coins from Ike and bought immunity from eviction next week.

This means that Mercy will not be nominated for possible eviction next week.

Would Mercy Win Big Brother Naija 2019? Let’s know in the comment box below.
See more photos and reactions here
https://zubbyland..com/2019/09/bbnaija-mercy-gets-verified-on-instagram.html?m=1

Tradernaija:
So yorubas eats yam too?

Association of yam eaters.

Why not.. Funny tho

Ilara Mokin community in Ifedore Local Government Area of Ondo State was on Friday’s evening thrown into commotion as youths in the community laid siege on their monarch’s palace. Read more https://insttaland..com/2019/09/tension-in-ondo-community-as-youths.html

The irate youths, who accused their traditional ruler, Alara of Ilara-Mokin, Oba Aderemi Adefehinti of allegedly refusing to partake in this year’s new yam festival, attacked the monarch alongside his wife.
It was gathered that the youths were infuriated by the decision of the monarch shirking in his royal role, following his alleged ‘born again’ stance.

In the course of the melee, the monarch’s wife, Olori Adefehinti was unlucky as she was beaten and injured by the youths while the monarch was rescued through the exit door behind the palace.

Confirming the development, the police spokesperson in the state, Femi Joseph disclosed that the situation was now control.
Source.. Read more with photos
https://insttaland..com/2019/09/tension-in-ondo-community-as-youths.html

Lalasticlala