Zenith group of schools

Admission is ongoing at Zenith Standard Schools, Ikare Akoko.Register your wards today.

Zenith School announces its admission for next session.Enroll your child/ren with us today.
09066656260.

When all thy mercies,O my God,
My rising soul surveys,
Transported with the view,I'm lost
In wonder,love and praise.
The entire Zenith school community cares about you.wishing you long life in better health.Happy Birthday Daniels.

*Below is the new Central Bank of Nigeria (CBN) approved charges for all commercial banks in Nigeria*

Complete List Of Approved Bank Charges in Nigeria By CBN
1. As a result of the new CBN guide, transactions below ₦5,000 would incur a maximum fee of ₦10; transfers between ₦5000 and ₦50,000 will attract a charge of ₦25; and transfers beyond ₦50,000 will receive a charge of ₦50.

2. The present account card maintenance cost has been eliminated because the accounts already have an account maintenance fee. Savings accounts will now be charged a card maintenance cost of ₦50 every quarter, rather than ₦50 every month.

3. The annual card maintenance cost for cards denominated in foreign currency (FCY) has been decreased from $20 to $10.

4. After the third withdrawal within a month, ATM fees are lowered to ₦35 from ₦65.

5. The charge for a hardware token will be based on cost recovery and will be capped at ₦2,500, down from the previous maximum charge of ₦3,500.

6. Fees for required SMS alerts will be based on a cost-recovery model, with a maximum price of ₦4 in place previously.

7. Payment of bills via e-channels will incur a maximum charge of ₦500, based on 0.75 percent of the transaction value up to ₦1,200.

You may also want to read How To Easily Access CBN AGSMEIS SME Loan
Full List Of Approved Bank Charges in Nigeria By CBN 2022

Below is the full list of approved bank charges in Nigeria by Central Bank of Nigeria (CBN):
INTERNET BANKING

Hardware Token — There is a maximum charge of ₦2,500 for cost recovery.
There is no payment for the Software Token – One-Time Password (OTP). Charges will be based on a cost recovery basis if the OTP is delivered to the customer through SMS.

Replacement of hardware tokens — Cost recovery is limited to ₦2,500. Only in the event of physical damage, token loss, or replacement after expiration will the customer be charged.

Payment of bills (including payments made through other E-channels) – Negotiable and limited to ₦500 per beneficiary payable by the sender.

CURRENT ACCOUNT MAINTENANCE FEE (CAMF)
Exclusively applicable to current accounts for customer-initiated debit transactions to third parties and debit transfers/lodgments to the customer’s account in some other bank. It should be noted that CAMF does not apply to Savings Accounts.
The charge is negotiable, but it cannot exceed ₦1 per mille.

ELECTRONIC FUNDS TRANSFER
The fees accrued for electronic fund transfers include:

Below ₦5,000 – ₦10
₦5,001 – ₦50,000 – ₦25
Above ₦50,000 – ₦50

CARD MAINTENANCE
Foreign Currency Debit/Credit Cards — $10 per year (or its equivalent)
Naira Debit/Credit Cards:
Cards linked to the current account- No charge
A maximum of ₦50 per quarter is charged for cards linked to savings accounts.

CREDIT CARD CHARGES
Fee for issuing a credit card — ₦1,000 (one-off charge). Regardless of the type of card used, the charge is the same (i.e. regular or premium card).
Fee for reissuing for lost or damaged cards (at the customer’s request) — ₦1,000 (one-off charge). Regardless of the type of card used, the charge is the same (i.e. regular or premium card)
Renewal Fee — ₦1,000 (when existing cards expire) (one-off charge). Regardless of the type of card used, the
charge is the same (i.e. regular or premium card)

FG SUSPENDS PLANNED SUBSIDY REMOVAL INDEFINITELY

The Federal Government of Nigeria has suspended the planned removal of subsidy on petroleum products till further notice.

The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed stated this at a meeting held at the National Assembly.

The meeting was convened at the instance of the President of the Senate, Ahmad Lawan.

Ahmed said the Federal Government initially had the plans to remove subsidy on petroleum products from July this year.

She said, “Provision was made in the 2022 budget for subsidy payment from January till June. That suggested that from July, there would be no subsidy.

” The provision was made sequel to the passage of the Petroleum Industry Act which indicated that all petroleum products would be deregulated.

“Sequel to the passage of the PIA, we went back to amend the fiscal framework to incorporate the subsidy removal.

“However, after the budget was passed, we had consultations with a number of stakeholders and it became clear that the timing was problematic.

“We discovered that practically, there is still heightened inflation and that the removal of subsidy would further worsen the situation and impose more difficulties on the citizenry.

“Mr. President (Muhammadu Buhari), does not want to do that. What we are now doing is to continue with the ongoing discussions and consultations in terms of putting in place a number of measures.

“One of these include the roll out of the refining capacities of the existing refineries and the new ones which would reduce amount of products that would be imported into the country.

“We therefore need to return to the National Assembly to now amend the budget and make additional provision for subsidy from July 22 to whatever period that we agreed was suitable for the commencement of the total removal.”

Zenith group of schools is now on WhatsApp.

Congratulations mummy wa🥰

😍😍Freaky freaky...

You're doing well 😍❤️

😍 Anticipate....

R.i.p💔

😁

😁

😁If you see it, comment "seen"

😁 God no go shame us........Ooin!

😁His dreaming Big, Are you there??