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GTBank removes all Bank Charges for Young Undergraduates on its GTCRea8 Account Product

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If you are an undergraduate, between the ages of 16-25, then you can now bank for free with Guaranty Trust Bank (GTBank). The leading, youth-focused, financial institution has announced that it will cover all charges on transfers, USSD transactions and bank alerts for holders of its GTCrea8 Account, a bespoke banking product for young undergraduates between the ages of 16-25.

GTCRea8 has been a core part of the GTBank’s value proposition to deliver value adding banking services to young people whilst empowering them to pursue excellence in their academics and respective interests. Over the years, tens of thousands of university undergraduates have benefited from GTCrea8 concerts, masterclasses, digital trainings, Education Support Grants, and several other initiatives championed by the bank to ensure students have a more rewarding campus experience. Now, millions of students across the country will be able to bank for free following the Bank’s commitment to cover the cost of all banking charges for GTCrea8 account holders.

Some of the bank charges that GTCrea8 account holders will no longer have to pay include charges on bank transfers, even when the transfer is to other banks. Undergraduates will also not be charged for using 737, the bank’s industry-leading USSD service, nor will students be charged for transaction alerts received whether via SMS or email. GTCrea8 account holders will also enjoy special offers and discounts when they make use of GTBank’s trendsetting digital platforms, such as Habari, which offers access to music and video streaming, shopping, messaging, and bills payment all in one place.

Commenting on the Bank’s removal of bank charges for young undergraduates, the Chief Executive Officer of Guaranty Trust Bank, Segun Agbaje said, “Empowering young people in every way we can is the most valuable investment that we can make for the future. That is why we have taken this bold step to cover the cost of all their banking charges, not just to allow them to bank for free, but also to inspire them to imagine a world free of all limits to their ambitions, and in which they can achieve their greatest dreams.”

He further stated that “At GTBank, we will continue to find innovative ways and create new initiatives to give young people all the motivation, support and platform that they need to thrive. This is the reason we have made banking free for young undergraduates, and it is also the reason we are organizing the GTBank Fashion Weekend, the biggest fashion event in Africa, on November 9-10, 2019 to champion the talent, creativity and endeavours of our young entrepreneurs.”

Guaranty Trust Bank plc has been at the forefront of supporting education for all and champions several initiatives that provide undergraduates with various avenues to learn, interact and have fun while in school. The Bank is also regarded by industry watchers as one of the best run financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality and innovation.

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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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