NEWS
PalmPay urges users to revalidate KYC details ahead of January 31 deadline
Ahead of the January 31, 2024 deadline by the Central Bank of Nigeria (CBN) for existing users of fintech companies to upgrade their wallets, leading fintech company PalmPay has urged its users to upgrade their KYC details. https://www.palmpay.com/
Fintech users affected by the CBN directive are grouped into three categories. New users are mandatorily required to provide their NIN and or BVN number for Tier 1 wallet opening.
Those with an existing Tier 1 wallet but are yet to add their NIN or BVN have until March 1 2024 to do so. All existing users across the three tiers, whose NIN or BVN information does not match, have until January 31, 2024, to revalidate.
In response to the CBN’s recent directive on promoting financial system stability by strengthening the KYC procedures for customers, PalmPay released an updated in-app version that mandates all new users to input their BVN or NIN numbers before a wallet can be created.
To upgrade their wallet KYC level using their BVN and NIN, PalmPay users are required to log into their app and follow the steps below:
Click on your profile and access your KYC Levels.
Click on “Upgrade” at the bottom of the page showing your account KYC level.
Fill out the form with your correct details and submit for verification.
Chika Nwosu, Managing Director, PalmPay, had earlier welcomed the CBN directive on all existing and new users having BVN or NIN, stating that “We are committed to ensuring compliance and fostering a secure financial ecosystem.
“As a forward-thinking fintech platform, we believe that this measure will enhance the overall security of users’ wallets and the protection of users’ data while providing seamless financial services.
“Through various in-app activities, we have always encouraged our users to link their wallets with their BVN or NIN. We are fully aligned to drive the new Directive.
“In all of this, we believe this measure will reduce fraudulent activities and provide a safe banking environment for all,” Mr Nwosu added, encouraging users to “update their KYC information on the app to ensure compliance with the directive.”
The Chairman of Abia State Judicial Panel of Inquiry on the recovery of Government Property and Funds, Justice Florence Doruoha-Igwe (Rtd) has issued a Bench Warrant on Anthony Agbazuere and Don Ubani, who served as Chief of Staff and Deputy Chief of Staff, respectively, to former Governor Okezie Ikpeazu.
This is even as Don Ubani has said that he never received any invitation from the panel.
The Bench Warrant on Agbazuere according to Justice Duruoha-Igwe was because of his alleged failure to appear before the Panel to give evidence in respect to a Toyota Hilux Land Cruiser alleged to be in his possession since he left office.
Justice Doruoha-Igwe (Rtd) who adjourned the matter to January 24, 2024, directed that Agbazuere should be arrested and produced for further cross examination.
The Panel said that the Bench warrant on the former Deputy Chief of Staff to former Governor Okezie Ikpeazu, Don Ubani, was because of his alleged failure to appear before the Panel and his inability to file a response to a notice served him on 30th of November, 2023.
Speaking before adjourning the matter to 24th of this month, the Chairman Justice Doruoha-Igwe (Rtd) directed that Ubani should be arrested and produced on January 24, 2024, to defend himself.
But reacting to the development, the former Deputy Chief of Staff to former Governor Okezie Ikpeazu, Don Ubani said he was shocked to read that a Bench Warrant had been issued on him, saying that he was never invited by the Panel.
“I am shocked to read that a Bench Warrant could be issued on me without ever being invited to a Panel either by writing or even through a telephone call,” said Ubani who also described the arrest order as ‘false propaganda and political witch-hunt’.
But the former Deputy Chief of Staff also promised to appear before the Panel of Enquiry if he received an invitation.
The National Judicial Council, NJC, has clarified that no date has yet been fixed for the swearing-in of the newly appointed eleven Justices of the Supreme Court.
The Council said that the purported news by an Abuja based media organization suggesting Monday January 16 for the inauguration of the Justices did not emanate from it.
A statement by the NJC’s Director of Information, Barrister Soji Oye clarified that neither the Chief Justice of Nigeria, Hon Justice Olukayode Ariwoola, who is the NJC Chairman, nor the Council itself authored or endorsed the purported date.
While asking members of the public to disregard the news, the NJC said that the date for the swearing-in of the Justices would be made public at the appropriate time.
NJC’s statement read in part, “The attention of the National Judicial Council has been drawn to a trending story purportedly informing the public that the newly appointed 11 Supreme Court Justices would be sworn in on Monday 16 January 2023.
“The Council by this medium expressly denies the news as it did not emanate from the Council or the Office of the Chief Justice of Nigeria and Chairman of the National Judicial Council, Hon. Justice Olukayode Ariwoola.
“The date for the swearing-in of the Justices will be made public at the appropriate time. Members of the public should please disregard the trending news.”
The Miyetti Allah Cattle Breeders Association of Nigeria, MACBAN, Kaduna State, has demanded a probe of alleged extra-judicial killing of their members.
WORLD WIDE GIST recalls that an online report alleged that 11 decomposing corpses of Fulani natives, from Tulde Fulbe, Ladduga Grazing Reserve in Kachia Local Government Area of Kaduna State, were on Monday discovered in a forest.
They were alleged to have been killed by the Nigerian Army.
But the Headquarters, 1 Division of the Nigerian Army, in a statement on Thursday night, by Lt. Col Musa Yahaya, Acting Deputy Director, Army Public Relations, denied involvement of the Army in the said killing.
However, in a statement by MACBAN Kaduna chairman, Haruna Usman Tugga, he insisted that the organisation as an umbrella body of Fulbe in Nigeria received with serious concern the information.
The statement condemned what they described as “extra-judicial killing of law-abiding Fulbe youths of Tilde Fulbe community and other areas of Ladduga Grazing Reserve in Kachia Local Government Area of the state by military personnel at Kachia, headquarters of Kachia Local Government Area of Kaduna State.”
He said they called an emergency executive meeting of the association to get to the root of the matter and find out the remote causes, perpetrators and names of the victims.
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