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BUSINESSES TO BENEFIT FROM SIMPLER PAYMENTS WITH ALAT FOR BUSINESS

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As businesses around the world resume despite the COVID-19 pandemic, ALAT for Business is set to offer more value to businesses through its digital solution.

 

The application, which is the corporate version of ALAT, has a broad transaction limit of up to 2 Billion Naira, allowing businesses to carry out as many transactions as they require.

 

Speaking on its most notable features, Samuel Robson, Head, ALAT for Business disclosed that the application allows account holders with single and multiple signatories operate their account virtually, without stepping into the banking hall to authorize transactions.

 

“This is a time for businesses to leverage secure platforms that allow them to get on with their businesses virtually as this will help to keep their businesses afloat and keep them safe,” he advised.

 

Speaking further, he disclosed that with ALAT for Business, entrepreneurs can now, schedule payments to as many as 5,000beneficiaries at once. “This will free up their much needed time and allow them to carry out more tasks,” he added.

 

With the new feature, business owners can now carry out transactions without stepping into the banking hall. MrSamuel Robson explained that this is one of the ways Wema Bank is leveraging digital technology to provide solutions to customers and help fight the spread of the COVID-19 pandemic.

 

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I Hear EFCC Will Arrest Me Next Week But I’m Not Afraid Or Worried, Says Edo Governor Obaseki

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Edo State Governor, Godwin Obaseki, says the Economic and Financial Crimes Commission (EFCC) plans to arrest and detain him after his tenure ends over alleged fraud.

 

Obaseki’s tenure as governor ends on November 14, 2024.

 

 

According to him, he is aware of multiple petitions filed against him but remains unfazed, willing to turn himself in if summoned, as he has nothing to hide.

 

Obaseki boldly declared that he’s unfazed by potential arrest or investigation into his administration, attributing the petitions against him to vendetta-driven individuals.

 

Speaking at the EdoBEST National Results-Sharing Session in Abuja, Obaseki expressed confidence in his integrity, stating he’d utilize any time spent in EFCC custody to conduct research, as he has nothing to hide.

 

 

Obaseki said his opponents are motivated by envy, seeking to tarnish his remarkable eight-year legacy in the South-South state. According to him, his achievements will endure, despite attempts to discredit him.

 

The governor said he intends to “serve as a resource person after office and I’m going to give the cheapest services so far from lessons garnered in my eight years’ experience as governor”.

 

“I hear that the EFCC will pick me next week after my tenure. Wherever they keep me, I’ll spend time doing research,” he said.

 

“There are many things we have done that can be described as legacy projects. I believe in Edo State; one of the things that will last for a very long time to come is the fact that we were able to focus on Edo people and the things that matter to them, reform and implement those things.

 

 

Why should I have fears? I just focused on what I believe in and today, you can see what has been achieved.

 

“What happens after that is not up to me. They can continue with their political witch-hunt and do all they can to hurt me, that’s their problem.

 

“I’m not afraid, I’m not worried. They have written all sorts of silly petitions against me and that’s part of the challenge.”

 

“In fact, I can even hand myself over, and if they call me, I don’t have anything to hide,” he added.

 

Senator Monday Okpebholo, Edo State Governor-elect, had accused Governor Obaseki’s administration of taking unscrupulous loans from banks and other financial institutions.

 

 

Okpebholo, who alleged the looting of government funds by officials of the outgoing administration, also accused government officials of looting public properties including vehicles, furniture and rice.

 

Okpebholo in October called on relevant authorities including the EFCC, police and Department of State Services to investigate the allegations.

 

 

 

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Former Governor Ifeanyi Okowa, Spends Second Night In EFCC’s Cell Over N1.3 Trillion Alleged Fraud

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Immediate past governor of Delta State, Ifeanyi Okowa, who was arrested and detained by the Economic and Financial Crimes Commission (EFCC) has spent second night in the custody of the anti-graft commission.

 

Okowa is currently being investigated and detained over the alleged diversion of N1.3 trillion.

 

The N1.3 trillion reportedly represents the 13% derivation fund from the federation account between 2015 and 2023.

 

According to sources within the commission, Okowa was invited to the EFCC office in Port Harcourt, Rivers State, where he’s subsequently detained by officials.

 

One of the sources stated, “Okowa was at our Port Harcourt office following an invitation from investigators probing the allegations against him. He was then arrested. The commission is investigating him regarding the N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.

 

“He is also accused of failing to account for the funds, as well as another N40 billion he allegedly claimed was used to acquire shares in UTM Floating Liquefied Natural Gas. He reportedly bought shares worth N40 billion in one of the country’s major banks, representing an 8% equity stake, to support the offshore LNG project. The funds are alleged to have been misappropriated for other purposes.

Investigators are also examining the alleged diversion of funds by the former governor to acquire estates in Abuja and Asaba, Delta State. He is currently being held at the EFCC facility in Port Harcourt.

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Lagos Government Shuts Down Redeemed Church, Celestial Church, Clubs, Event Centres Over Noise Pollution

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The Lagos State government has shut down a branch of Pastor E. A. Adeboye’s Redeemed Christian Church of God, a Celestial church, nightclubs and event centres over noise pollution.

The Commissioner for Environment and Water Resources, Tokunbo Wahab, who made this known on Wednesday, said the churches, clubs and event centres were sealed on Tuesday by the Lagos State Environmental Protection Agency (LASEPA) in the Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota areas of the state.

The sealed establishments include: Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Lounge & Lodging, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.

The commissioner in a post on X said, “In a bid to address noise pollution and other environmental violations, the Lagos State Environmental Protection Agency (LASEPA) took action yesterday, closing down several establishments across different parts of the state.

“This enforcement drive, focusing on areas like Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota, is part of LASEPA’s continuous efforts to uphold environmental standards and safeguard public health.

“The affected establishments include Honourable Lounge & Lodging, Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.”

 

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