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Global Money Week: Glo’s MoneyMaster PSB Trains Students on Savings Culture

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MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria’s leading payment service bank, is poised to train 5,000 students on the need to embrace savings and investment culture in commemoration of the 2024 Global Money Week.

Tagged “Catch them Young” experiential campaign, the programme aims to have the students drawn from schools in Nigeria participating in the week-long financial literacy training in the bank’s coordinating centres across 10 participating states of the Federation.

In the same vein, MMPSB will equally engage teachers and enlighten them on basic knowledge of savings and investment for future purposes.

The 2024 Global Money Week with the theme “Protect your money, secure your future,” is billed for March 18 to 24, 2024.

MMPSB  disclosed in a press release that it was  committed  to the provision of top-notch banking services to its customers at all times, including payment services through wallets, savings, individual and business accounts, as well as provision of a platform for customers to buy airtime/data, pay bills and subscribe to cable television, amongst others.

“As part of the week-long celebration, MoneyMaster PSB will also be releasing thought leadership videos on safety and security on how banking customers can protect themselves. These videos will be shared to its customers via direct email and also on its social media handles for the benefit of the general public,” the bank further said.

Global Money Week is an annual event which creates global awareness-raising campaign on the importance of ensuring that young people, from an early age, are financially aware, and are gradually acquiring the knowledge, skills, attitudes and behaviours pivotal to making sound financial decisions and ultimately achieve financial well-being.

This year’s edition is focused on safe money management, and the importance of adopting a responsible and informed approach to personal finance, by being aware of potential risks in the financial sector and protecting one’s hard-earned money.

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Pensioners’ Welfare: Govenor Adeleke Approves N3.3bn for Retirees

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The Governor of Osun State, His Excellency, Senator Dr Ademola Jackson Nurudeen Adeleke, has again approved a whopping sum of Three billion, Three hundred naira only (#3,300,000,000.00) for the payment of accrued rights (bond certificates) of a number of workers who retired under the Contributory Pension Scheme across the State, according to a statement esigned by the Head of Service, Elder Ayanleye Aina.

Of the said amount amount, N1.5 billion is for retirees at the State level comprising Ministries, Departments, Agencies, secondary schools and tertiary institutions while the sum of #1.8bn is for those who retired in the local government service, junior and primary schools across the State.

The statement noted that the approved fund is presently undergoing due process at the Bureau of Public Service Pension and the Local Government Staff Pension Board.

The approval, the statement further disclosed, is apart from the regular monthly payment of pension and gratuities to retired public servants under the old pension scheme across the whole gamut of the public service.

It will be recalled that workers and pensioners welfare top the 5- point Action Plan of Governor Ademola Adeleke-led administration in the State.

Stakeholders admit that Governor Adeleke been keeping his promise since he came on board in November, 2022 going by his unhindered love for public servants and the entire citizens of the State.

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We’re Winning War Against Bandits, Terrorists, Says Tinubu’s Minister

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The Minister of Information and National Orientation, Mohammed Idris; said on Thursday that Nigeria is winning the war against terror and banditry.

Idris made the claim during the opening ceremony of the 1st Annual International Lecture of the News Agency of Nigeria (NAN) in Abuja

He said: “Our target is to eliminate all the threats of Boko Haram, banditry, kidnapping for ransom, and the scourge of all forms of violent extremism.

“Within one year, our government has eliminated Boko Haram and bandit commanders faster than ever.

“As of the last count, over 300 Boko Haram and bandit commanders have been eliminated by our gallant troops in the Northeast, Northwest, and some other parts of the country.

“Indeed, this quote from President Bola Tonibu has amplified the resolve and determination of this administration to address the security challenges confronting us.

“By understanding the root causes, evaluating the impact on our territorial integrity, and implementing strategic policy measures, we can effectively address the challenges posed by this crisis.”

The minister pointed out that the Federal government through intelligence gathering and other grassroots measures is tackling insecurity.

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Court Releases Ex-Taraba Governor, Darius Ishaku on N150m Bail

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A Federal Capital Territory (FCT) High Court in Maitama has granted a N150 million bail to a former governor of Taraba State, Darius Ishaku.

Ishaku was arraigned on Monday alongside Bello Yero, former permanent secretary, bureau for local government and chieftaincy affairs.

Both men are being prosecuted on a 15-count charge bordering on criminal breach of trust, conspiracy and conversion of public funds.

The defendants pleaded “not guilty” when all the charges were read to them.

At the court session on Thursday, the defendants’ respective counsels moved their bail applications.

Rotimi Jacobs, prosecution counsel, said he would not object since the defendants have been granted administrative bail.

Sylvanus Oriji, presiding judge, granted the bail application.

He held that the defendants must produce two sureties each in like sum. The two sureties must be responsible citizens of Nigeria and must be residents within the FCT, with verifiable office and residential addresses.

One of the sureties produced by each defendant must be a director in the civil service.

The defendants must not travel outside the country without the court’s permission and must deposit their travel documents to the court.

Ishaku, 70, was governor of Taraba from 2015 to 2023.

In July 2023, the EFCC invited the former governor over some financial transactions conducted during his spell in office. He was later released on bail.

On September 27, 2024, Ishaku and Yero were arrested and detained by the commission.

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