CFPB stance is said to reflect frustration with repeat abuses Firm previously said it’s in talks to settle variety of probes Wells Fargo & Co. is under pressure from the Consumer Financial Protection Bureau to pay more than $1 billion to settle a series of investigations into mistreatment of customers, a deal that would shatter the agency’s previous record — also with Wells Fargo. The regulator’s demand in confidential talks, described by people with direct knowledge of the matter, reflects its escalating frustration with the bank, which has been punished multiple times by authorities over the past six years for…
Author: Abdallah el-Kurebe
The United Kingdom (UK) has warned its citizens on possible terror attacks in the United States (US). The UK in a travel advisory on Friday, said the planned attacks are “very likely” to be random across the country. On Thursday, the Federal Bureau of Investigation (FBI) warned that there were “credible” threats to synagogues in New Jersey, asking that they take security precautions to protect their communities and buildings. “Stay alert. We will share more information as soon as we can,” the FBI said. In the advisory note, the UK asked its citizens to remain vigilant even though the US…
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has described tax dialogues as platforms that provide for exchange of diverse ideas on taxation and tool for engendering tax compliance through collective ownership of the tax system, as well as a means to strengthening tax systems. Speaking at the 2022 Kaduna State Tax Dialogue, held in Kaduna State on Saturday, Nami stated that dialoguing on tax was very necessary for inclusivity, fairness and pooling expert ideas to aid tax policy formulation, which ultimately strengthens tax administration. “Dialoguing on tax is very important for many reasons,” he stated.…
Hundreds of climate protesters blocked private jets from leaving Amsterdam’s Schiphol Airport on Saturday in a demonstration on the eve of the COP27 U.N. climate meeting in Egypt. Greenpeace and Extinction Rebellion protesters sat around private jets to prevent them leaving and others rode bicycles around the planes. Dewi Zloch of Greenpeace Netherlands said the activists want “fewer flights, more trains and a ban on unnecessary short-haul flights and private jets.” Military police said they arrested a number of protesters for being on the airport’s grounds without authorization. Responding Friday to an open letter from Greenpeace, Schiphol’s new CEO Ruud…
A prominent Sokoto businessman, Sahabi Bojo-Bodinga has announced his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). ASHENEWS reports that the APC leader in the state, Sen. Aliyu Magatakarda Wamakko supported by the Minister of Police Affairs, Muhammadu Maigari Dingyadi, received Bojo-Bodinga at his residence on Friday. Also at the event was the APC governorship candidate in the state, Ahmed Aliyu, among many other prominent APC loyalists. The state APC chairman, Isa Sadiq-Achida assured the new member and his supporters of equal treatment with all other members. “This is a great development for our party…
The News Agency of Nigeria (NAN) on Friday announced an upward review of its subscription tariff in order to meet the rising cost of operations. The announcement was contained in a letter sent to its subscribers, which was signed by Mr Martins Asuquo, an Assistant Director, and Head, Marketing in the agency on behalf of management. Asuquo, who said the decision became necessary for NAN to continue to sustain high quality news service delivery to its subscribers, said the increase would take effect from January 1, 2023. “We are constrained to effect a moderate increase on our tariff. “The new…
The Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) on Friday, granted approval to Nigerian Immigration Service (NIS’s) request to dismiss eight personnel. ASHENEWS reports that approval was also given to sanction 18 others, according to a statement by the Service spokesperson, Kenneth Kure, which disclosed that the action was premised on conducts that violate certain laid down rules of the service, which had remained grossly unbecoming and unacceptable as members of the Service. “The Comptroller General of Immigration, Isah Jere Idris MFR has announced the summary dismissal of eight (8) Personnel from the Service and a wide range…
ASHENEWS reports that a team of Médecins Sans Frontières/Doctors Without Borders (MSF) has conducted 32 major surgeries for noma patients in Noma Hospital Sokoto. The recent surgical intervention took place between October 23 and November 4 2022. The communication officer, Abdulkarim Yakubu in a statement made available to ASHENEWS on Saturday, said so far since 2014 when such medical intervention began, a total of 1,066 major surgeries have been conducted for the noma patients. ASHENEWS reports that Noma is an infectious and non-contagious bacterial disease that starts as an inflammation of the gums, similar to a small mouth ulcer, which…
Three Nigerian governors are being monitored over alleged billions of Naira intended to be laundered in a disguised form table payment of salaries to workers, Daily Trust has exclusively reported from an interview with the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa. Recall that the Central Bank of Nigeria (CBN) on October 26, announced that it will redesigned N200, N500 and N1,000 to address many issues that have negative effects on the economy, counter-terrorism financing and hoarding of banknotes by members of the public. Three governors under EFCC watch In an exclusive interview with Daily Trust…
The Federal Road Safety Corps (FRSC) has drawn the attention of the motoring public, particularly those who are presently using Lexus NX260, Lexus NX3650h and Lexus NX400h+ manufactured between 31 March, 2021 to 26 April 2022 to a faulty programming of the Lane Keeping Assist (LKA) System, which has prompted the Company to recall the categories of the listed vehicles. According to the report contained in a memo forwarded by the Office of the Secretary to the Government of the Federation, the company is also recalling 6,491 Lexus NX260 with defective Electric Parking Brake (EPB) system which was manufactured between…