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OBALGA Boss Lauds Wike On Rumuokoro Market …Wades Into Indomie, Community’s Rift

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The Chairman, Caretaker Committee of Obio/Akpor Local Government Area, Chief Prince Noble Amadi has commended Governor Nyesom Wike for the successful allocation of stalls and shops in the ultra-modern Rumuokoro International Market and Park constructed by the state government.
Chief Amadi, who made the commendation in an exclusive interview with The Tide in Port Harcourt shortly after the balloting for the allocation of the stalls and shops last Wednesday thanked Governor Wike for deeming it necessary to construct the market facility which he described as the first of its kind in the country, and expressed pleasure that beneficiaries were allocated the entire 608 open stalls and 91 lock-up shops free of charge, as a way of empowering them by the Wike administration.
He said the balloting for the allocation of the stalls and shops was done in an open and transparent manner, and urged those who did not benefit to wait for another opportunity, stressing that the balloting process which attracted hundreds of participants was done peacefully and smoothly, as no ugly incident was recorded throughout the exercise.
The council boss used the opportunity to appeal to those doing business in the local government to avail themselves of the facility and stop causing nuisance by operating illegal markets and parks.
Meanwhile, the Special Adviser to the Governor on Special Projects, Mr. G.A. Kelly George has lauded the smooth conduct of the balloting for the allocation of stalls and shops in the Rumuokoro Market and Park, saying, the beneficiaries were allocated the stalls and shops on merit through an open and transparent process.
Mr. George, who made the remarks in an interview with The Tide in Port Harcourt shortly after the balloting exercise reiterated that the stalls and shops were allocated to the beneficiaries by the state government free of charge, as they were not expected to pay for the facilities.
He further disclosed that with the conclusion of the balloting exercise, beneficiaries would be presented certificates of allocation by the state government as from Monday, April 9, 2018 before finally handing over the market to the committee recently constituted by the governor for its management.
In a related development, the Chairman, Caretaker Committee of Obio/Akpor Local Government Area, Chief Prince Noble Amadi has waded into the face-off between the Choba community and Indomie Nigeria Limited and susccessfully resolved differences existing between the community and the company.
The this end, the community has mandated the council boss to withdraw a suit instituted by it against the company pending before a High Court in Port Harcourt on or before April 30, 2018.
Chief Amadi, who made the disclosure while briefing newsmen in his office last Tuesday commended both the community and the company for the gesture, assuring that his administration would continue to promote peace as well as create the enabling environment for business to flourish in the local government.
He further announced that the caretaker committee would soon set up a peace and reconciliation committee to promote peace and harmony in all communities of the local government, and called on companies and the various communities to always key into the peaceful disposition of Governor Wike by embracing peace at all times.

 

Donatus Ebi

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Withdrawal, Deposit Fees Changes From May 1, 2026 Still Stands – CBN … Declares 5 Banking Services Free

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The Central Bank of Nigeria (CBN) has said that the announced changes in fees attached to several everyday banking services, scheduled to take effect on May 1, 2026 has commenced.
The changes are contained in the apex bank’s revised Guide to Charges by Banks and Other Financial Institutions, which outlines consumer-focused reforms designed to improve transparency and reduce the burden of banking fees nationwide.
According to the document, which was signed by Dr. Rita Sike, the CBN’s Director of the Financial Policy and Regulation Department, the new changes affect account reactivation, ATM withdrawals on own bank networks, and virtual card issuance.
Following the changes made by  CBN, the five key banking services affected by the CBN’s update are in account reactivation and closure, under which banks are no longer allowed to charge customers for reactivating dormant accounts, while account closure also remains free.
The second change is that banks will now be required to provide monthly statement of account to their customers at no cost, and also ensure better access to financial information.
However, requests for printed statements outside the agreed standard format attract a maximum fee of N20 per page.
Thirdly, the CBN has introduced small inter-bank electronic transfers to promote digital payments and micro-transactions.
The implication is that, henceforth, transfers from N0 to N5,000 are free, transfers between N5,000 and N50,000 will attract a maximum fee of N10, while transfers above N50,000 are capped at N50.
The fourth change in the CBN update is in the use of own bank’s ATM (On-Us Transactions).
Here, withdrawals made from your bank’s ATM (on-us transactions) are free. Non-cash transactions, such as intra-bank transfers carried out at these ATMs, also attract no charges.
The fifth change is in virtual cards and PIN management in which banks are now required to issue virtual cards at no cost. In addition, PIN-related services, including PIN re-issuance and resets, are free for all customers.
The document further said the new charges guide, which aims to boost financial inclusion and reduce banking costs, updates the 2020 version to better align with current market realities, particularly the growing reliance on digital payments and mobile banking.
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Binani Air Commences Flight Operations May 10 in Nigeria

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Binani Air has announced the commencement of sales tickets on Monday, describing the development as a milestone that will improve the aviation sector and create jobs for the people in Nigeria, as head of its scheduled inaugural flight operations starts May 10, 2026,
In a statement issued by the head of corporate communications of the new airline, the move marks a significant milestone in the aviation sector.
She said this announces the transition from vision to operation as the airline moves closer to welcoming its first passengers on board.
Quoting the Chief Executive Officer of Binani Air, Aminatu Dahiru Chiroma, the Corporate communications officer said,”the commencement of ticket sales represents more than just access to flights. It reflects the airline’s readiness to deliver a new standard of air travel in Nigeria.
“Opening our ticket sales is a defining moment for us. It is the point at which our commitment becomes real for the travelling public. From this moment, we are not just preparing to fly—we are preparing to serve.
“Built on the principles of reliability, safety, and respect for passengers’ time, Binani Air enters the market with a clear focus on consistency and operational discipline.
“The airline is committed to delivering a travel experience that is both seamless and reassuring, particularly in a sector where trust remains critical.
“Passengers can expect a streamlined booking process, responsive customer engagement, and a service culture designed to prioritize comfort and professionalism from the very first interaction”.
Chiroma said as anticipation builds towards the inaugural flight, Binani Air invites travellers, corporate partners, and stakeholders to be part of this defining journey, one that seeks to reshape expectations and restore confidence in Nigerian aviation.
She said “bookings are available via the airline’s official website (www.binaniair.com) and authorised travel partners from 12 noon of 4th of May 2026.”
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DANGOTE Debunks Claims Of Rift With Tony

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The Dangote Group has dismissed as false and malicious publication alleging that its President, Aliko Dangote, distanced himself from fellow businessman Tony Elumelu.
In a statement issued by the company, the Group said it never made such claims and described the report as baseless and a deliberate misrepresentation of facts.
The statement was signed by the Group Chief Branding and Communications Officer of Dangote Industries Limited Anthony Chiejina.
The company also refuted assertions that the development of the Dangote Petroleum Refinery & Petrochemicals was financed through personal borrowing from friends.
It maintained that such claims are entirely inaccurate, stressing that Dangote does not fund projects through informal personal lending arrangements.
Addressing speculation about a fallout between Dangote and Elumelu, the Group clarified that both men maintain a longstanding and cordial relationship.
The statement further expressed concern over what it described as a growing trend of fabricated statements and the unauthorised use of Dangote’s name, image, and likeness in AI-generated advertisements and misleading content, warning that such actions could amount to fraud and reputational damage.
The company warned individuals and platforms involved in spreading false information to desist immediately, noting that it would take appropriate legal action where necessary.
The Dangote Group reiterated its commitment to maintaining high standards of integrity while continuing to promote industrialisation, economic self-sufficiency, and sustainable development across Africa.
Nkpemenyie Mcdominic, Lagos
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