'Its desperate move to generate revenue'- Don Jazzy reacts to CBN's bank charges policy - Mega Icon Magazine
Connect with us

Entertainment

‘Its desperate move to generate revenue’- Don Jazzy reacts to CBN’s bank charges policy

Published

on

The CEO of Mavin Records, Don Jazzy has reacted to CBN’s latest policy to attach charges to cash deposits or withdrawals made by customers.

The CBN had earlier announced that deposits or withdrawals above N500,000 by customers will attract charges going forward.

According to the apex bank, the objective of the “transaction fees” is to give vent to the Central Bank’s policy designed to reduce cash in use.

CBN, in a statement signed on Tuesday by its  Payments System Management Department Director, Sam Okojere  announced the take-off of the charges.

Reacting via his verified twitter handle, Don Jazzy alleged that  the purpose of the new policy was an act of desperation to generate revenue.

“My dear, the whole thing just reeks of a desperate move to generate revenue.

“When they load their own stolen money in the bank, they don’t care whatever charges they have to pay”, the Nigerian music producer tweeted

 

ALSO READ  CBN Warns Nigerians Against Fraudulent Loan Offers
Comments

Entertainment

US based ToppyK holds Asa Day, harps on value re-orientation

Published

on

ToppyK International has announced its intention to hold  a cultural event tagged ‘Asa Day’ in the United States of America geared towards cultural revival and value re-orientation abroad.

The event billed for Friday 17 July 2020 will hold at Sacred Heart Church, 537 Grove Street, Irvington, U.S . Also, there would be exposition as well as an award ceremony.

According to a statement signed by its Chief Executive Officer, Alhaja Kudirat Temitope popularly known as ‘Queen of New Jersey’, and made available to Mega Icon Magazine, “the event is going to be loud. Let’s showcase our talents and the beauty of our cultural heritage. All tribes are invited. Let’s come together as one and show the world how great we are.

“ToppyK International is an international organization that is registered in United states that deals basically with fashion and entertainment promotion for less than a decade.

“Asa day programme is all about the exhibition of the values of the cultural heritage of Africa, dealing with Nigeria as a prominent and influential country in the continent

She stressed that the Asa Day programme is aimed at bringing together all the major tribes in Nigeria – Yoruba, Hausa and Ibo and exploring our cultural backgrounds in music, dance and fashion among others.

ALSO READ  N8b Project: Bring Out Your Structural Designs, Oyo APC Challenges Makinde 

“It is to further achieve the unification of Africans in the United states, Nigerians in particular, and by extension translate these to further enhancements of the potential of individuals to better the lots of our present abode, the United states and by extension on home countries,”  Temitope said.

Continue Reading

Entertainment

Gbajabiamila Congratulates Fuji Idol, K1 on Coronation as First Mayegun of Yorubaland

Published

on

By

The Speaker of the House of Representatives, Mr.  Femi Gbajabiamila has congratulated the King of Fuji Music, Olasunkanmi Ayinde-Marshal, on his selection as the first Mayegun of Yorubaland by His Royal Majesty, the Alaafin of Oyo,  Oba Lamidi Olayiwola Adeyemi III.

Gbajabiamila said in a statement by his Special Adviser on Media and Publicity, Lanre Lasisi in Abuja on Sunday that Ayinde-Marshal’s selection as the first Mayegun of Yorubaland speaks volume of his contributions to the Yoruba race.

The Speaker noted with delight how Ayinde-Marshal, popularly known as K1 De Ultimate, has been mesmerizing Nigerians with his Fuji genre of music over the years.

He said Ayinde-Marshal, who is to be installed by the Alaafin on Monday, January 13, 2020 at the palace of His Royal Majesty in Oyo, has carved a niche for himself, which most Nigerians, especially lovers of Fuji music, have come to cherish so much.

Gbajabiamila recalled with nostalgia how Ayinde-Marshal popularised his music among Nigerians across the length and breadth of the country, irrespective of tribe or ethnicity.

“I have no doubts on my mind that the installation of Olasunkami Ayinde-Marshal as the first Mayegun of Yorubaland is an honour well deserved.

“This is because he has not only become a household name in Yorubaland and indeed Nigeria as a whole, but he has also been a good ambassador of the Yoruba people to the world.

ALSO READ  UI, CBN sign agreement on school of business

“Here is one individual that has traversed the music industry in Nigeria for over three decades, and not for once has he failed to use his music to promote good values.

“I can say without equivocation that His Royal Majesty and the Oyomesis’ have made the right decision of choosing K1 De Ultimate as the first Mayegun of Yorubaland.

“I congratulate Ayinde-Marshal on this great feat,” the Speaker said.

Continue Reading

Entertainment

Mayegun: Alaafin Suspends Fuji Idol, Ayinde’s Chieftaincy Installation

Published

on

The Imperial Majesty, Alaafin of Oyo, Oba Lamidi Adeyemi III, has suspended the scheduled chieftaincy installation of Fuji icon, King Wasiu Ayinde as the new Mayegun of Yorubaland.

According to palace source, this decision was in line with the spirit of common empathy and solidarity with the Akesan Market Fire victims.

The installation of the Fuji idol, Wasiu Ayinde as the Mayegun of Yorubaland, which was earlier billed for  Monday, 13th January, 2020, has been summarily suspended.

“What befell the people of Oyo, in terms of losses and ruins, is unquantifiable and heart-wrenching.

“The institution of the Alaafin of Oyo respects the mood of the masses. We cannot be celebrating while our people are groaning in pains and utter agonies”, Prince Adeyemi Akeem added.

ALSO READ  ‘Osinbajo not running for presidency in 2019’
Continue Reading
Advertisement

Tweets by ‎@megaiconmagg

Subscribe to our Newsletter

* indicates required

MegaIcon Magazine Facebook Page

MEGAICON TV

Trending

%d bloggers like this: