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  • Residents In Lagos, Abuja, Can Still Withdraw Cash During Lockdown, Minister Says

    Residents In Lagos, Abuja, Can Still Withdraw Cash During Lockdown, Minister Says

    ATM withdrawal
    ATM withdrawal

    Residents In Lagos, Abuja, Can Still Withdraw Cash During Lockdown, Minister Says 1ATM withdrawal


    A joint statement by Minister of Finance, Zainab Ahmed, and Governor of Central Bank of Nigeria, Godwin Emefiele, has said e-payment and ATM platforms will remain open during the restriction on movement in Lagos, FCT and Ogun State.

    The monetary and fiscal policy heads said exemptions have been obtained from President Muhammadu Buhari to allow very skeletal operations in the financial system and money markets.

    They directed that all relevant staff of affected outfits and agencies should look out for further instructions from their immediate bosses.

    The statement reads, “To ensure that Nigerians can still perform online transactions and use ATMs whilst observing these restrictions, we will like to inform the general public and all affected stakeholders that we have obtained exemptions from the President to allow very skeletal operations in the Financial System and Money Markets in order to keep the system in light operations during this time.

    “We are mindful of the difficulties these restrictions would bring on ordinary Nigerians and are grateful to the President for approving these exemptions, which should help ease some of these burdens.

    “We urge all Nigerians to be patient, cooperative and united as all hands are on deck to defeat this virus.”

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    Residents In Lagos, Abuja, Can Still Withdraw Cash During Lockdown, Minister Says
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  • Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 2

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 3

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 4

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 5

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 6


     

    Residents of Abuja on Monday thronged banking halls, shopping malls and supermarkets to make last-minute cash withdrawals and purchases of basic food items and toiletries ahead of a lockdown in the city.

    President Muhammadu Buhari had on Sunday ordered a total lockdown of activities in Lagos, Ogun and Federal Capital Territory for two weeks as part of measures to stem the spread of Coronavirus pandemic in the country.

    As early as 7:00am, residents of Abuja had besieged premises of various banks to make cash withdrawals that would last them for the duration of the restriction. 

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 7


    Customers were seen at a branch of First Bank located in Kubwa struggling to gain access into the banking hall. 

    The situation was the same at the Automated Teller Machine point of many banks where dozens of persons gathered to collect cash.

    Many business owners took advantage of the situation to make extra profit by inflating prices of basic items including foodstuffs following the surge in customers at most markets in Abuja. 

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 8


    Also, filling stations were not left out in the rush as many people were seen trying to buy petrol for domestic use. 

    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun 9


    Residents expressed mixed reactions on the lockdown order, describing it as a pain and sacrifice citizens had to make to help stop the spread of the virus.

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    Coronavirus: Abuja Residents Flood Markets, ATMs Ahead Of Lockdown In City, Lagos, Ogun
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  • Pahang announces RM4.25m additional initiatives

    Pahang announces RM4.25m additional initiatives

    Pahang announces RM4.25m additional initiatives 10

    KUANTAN: The Pahang state government today announced five additional initiatives totalling RM4.25 million to help those affected by the Covid-19 outbreak.

    Mentri Besar Datuk Seri Wan Rosdy Wan Ismail said through the additional initiatives, a cash assistance of RM100 and essential items worth RM50 would be handed over to 21,000 recipients in all 42 Pahang state assembly constituencies.

    “The assistance involves an allocation of RM3.15 million and we will work with penghulu and village headmen to identify the eligible recipients.

    “A total allocation of RM596,250 has also been set side to provide RM100 cash aid and essential items worth RM50 to 3,975 recipients from the Orang Asli community,” he said in a statement, here today.

    Wan Rosdy said a sum of RM304,500 had also been approved for the distribution of 500 rice packets to the needy in all state assembly constituencies.

    Besides that he said the state government had also approved a RM75,000 allocation to give out RM50 worth of essential items to 1,500 hardcore poor in the state.

    Wan Rosdy also announced a RM132,400 allocation to provide RM300 cash assistance to 80 penghulu and RM200 each to the Village Community Management Council chairmen.

    “I hope the assistance provided by the state government will complement the Federal Government’s efforts to help ease the burden of the people throughout the implementation of the Movement Control Order (MCO),” he said.

    On March 23, the state government announced eight Covid-19 initiatives worth RM14.99 million.

    The MCO which should have ended tomorrow has been extended to April 14. – Bernama

    Pahang announces RM4.25m additional initiatives
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  • BSH recipients need not make new application for BPN

    BSH recipients need not make new application for BPN

    BSH recipients need not make new application for BPN 11

    PUTRAJAYA: Households and single individuals who have been listed as the Cost of Living Aid (BSH) recipients do not need to make a new application for the Bantuan Prihatin Nasional (BPN) cash handouts.

    The Ministry of Finance (MOF) in a statement today said the BPN payments would be made directly to them through their bank accounts registered under BSH.

    “Households earning RM4,000 or less will get BPN of RM1,600 while singles earning RM2,000 or less will receive BPN of RM800.

    For households earning between RM4,001 and RM8,000 and singles earning between RM2,001 and RM4,000 who are registered taxpayers under the Inland Revenue Board (LHDN), MOF said they also do not need to make a new application for BPN.

    BPN payments of RM1,000 for households and RM500 for eligible individuals under the category will be made directly to them through their bank accounts registered with LHDN, it added.

    For those who have not yet registered, new applications can be made starting April 1 via LHDN’s website at www.hasil.gov.my, it said.

    “The ministry wishes to remind the public to be wary of scammers who have become emboldened by the opportunity to commit fraud against those who need such assistance.

    “Recipients are advised to refer to official sources and not to disclose any personal information to any third party,” it said.

    For more information, the public can contact the MOF at 03-8882 9089/ 03-8882 9087/ 03-8882 9191/ 03-8882 4565/ 03-8882 4566 from 9am to 5pm (Sunday to Friday), through email at bsh@treasury.gov.my/ pre2020@treasury.gov.my or Telegram application PRE Prihatin or the MOF official Facebook page.

    Enquiries can also be forwarded to LHDN via calls from 9am to 5pm (Sunday to Friday) at 1-800 882 747 or 03-8911 1000. – Bernama

    BSH recipients need not make new application for BPN
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  • Snatch thieves strike as customers line up at pharmacy (Video)

    Snatch thieves strike as customers line up at pharmacy (Video)

    Snatch thieves strike as customers line up at pharmacy (Video) 12

    KLANG: A 44-year-old clerk who was waiting for her turn to buy items at a pharmacy in Taman Bayu Perdana here suffered an injury after being attacked by snatch thieves today.

    The woman suffered light injuries to her neck, knee and head after she was dragged by a snatch thief who had snuck up on her while she waited for her turn to patronise the Kim Chuan pharmacy at about 12.40pm.

    South Klang police chief ACP Shamsul Amar Ramli said the suspects, who came on a motorcycle, wore full face helmets and face masks.

    He said while the rider waited, his pillion rider hopped off before he tugged the victim’s handbag.

    Shamsul Amar said when the woman fell, the robber snatched the handbag and escaped the scene with his accomplice. The woman lost her personal documents, cash and credit cards.

    He added that the robbers’ motorcycle was fitted with fake registration plates.

    Footage of the incident, which was captured on a closed-circuit television camera, showed the victim waiting for her turn outside the pharmacy with two other female customers ahead of her.

    The victim is seen standing closest to the side lane of the pharmacy that is located in a corner unit shoplot and is seen falling on the street when the robber attacks her.

    The video went viral on social media today.

    Watch video here

    Snatch thieves strike as customers line up at pharmacy (Video)
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  • The Five Keys to Turning Your Business Around in a Sluggish Economy

    For the better part of three years I have heard from hundreds of people running organizations today that this sluggish economy is driving them up a wall. OK, so we all agree ? things are not what they used to be or the way we would like them to be. The question is ? what are you doing about it? Stuck in the past and negative mindsets? Whining every day? Unwilling to re-invent your business model? Hoarding your cash? Circling the wagons?…

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  • KPDNHEP seize 223,000 face masks worth RM446,000

    KPDNHEP seize 223,000 face masks worth RM446,000

    KPDNHEP seize 223,000 face masks worth RM446,000 13

    KUALA LUMPUR: The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) have seized 223,000 face masks worth about RM446,000 which were hoarded and sold at over the maximum price in a raid in Kota Damansara, Petaling Jaya, near here, yesterday.

    KPDNHEP enforcement division director, Datuk Iskandar Halim Sulaiman said the three-layer face masks were surreptitiously sold at RM3.50 apiece, over the maximum price of RM2 a unit.

    ‘’The operation was conducted following a tip off on the sale on Facebook,’’ he said in a statement today.

    The suspect used Facebook to advertise the sale via WhatsApp order and delivery via post or Cash On Delivery (COD) in the Kota Damansara, Petaling Jaya area.

    He said the suspect was found to have flouted Section 11 Price Control Act and Anti-Profiteering Act Act 2011 (AKHAP 2011) which provided a penalty not exceeding RM500,000 and could be fined not exceeding RM1 million for a second and subsequent offences.

    The public could channel information concerning suspicious activities to KPDNHEP through the hotline 1-800-886-800 or via 03-8882 6088/6245 to the Enforcement Command Centre (ECC) or e-mel to http://e-aduan.kpdnhep.gov.my. – Bernama

    KPDNHEP seize 223,000 face masks worth RM446,000
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  • Penang rickshaw peddlers to receive three-month aid payout

    Penang rickshaw peddlers to receive three-month aid payout

    Penang rickshaw peddlers to receive three-month aid payout 14

    GEORGE TOWN: The Penang government will issue full payments for April to June to rickshaw peddlers affected by the Covid-19 outbreak next month.

    State Tourism Development, Arts, Culture and Heritage Committee chairman Yeoh Soon Hin said each rickshaw peddler would receive a sum of RM500, which included an allowance of RM300 and a one-off cash assistance of RM200.

    “I have communicated with various sectors to understand the needs of the various parties and I have also conveyed the needs and recommendations to the state government to get the best help for them.

    “The payout is expected to benefit about 318 peddlers,“ he said in a statement today.

    The state government previously allocated RM100 a month to peddlers in the state to help those with no fixed income.

    Yeoh said a total of 1,367 tour guides registered with the Ministry of Tourism, Arts and Culture would also receive a one-off cash assistance worth RM500 each.

    “10,000 e-hailing drivers in Penang will also receive RM300 one-off assistance while 2,248 taxi drivers will benefit from an initial incentive payment of RM300 with an additional RM200 one-off.

    “All of these assistance is part of the Penang People’s Aid Package announced by Chief Minister Chow Kon Yeow yesterday. I will continue to monitor the situation to ensure that the people and sectors that need the most help will benefit, ” he said.

    Yesterday, Chow announced a RM75 million People’s Aid Package to be distributed to 15 target groups involving over 400,000 recipients who are affected by the Covid-19 pandemic. – Bernama

    Penang rickshaw peddlers to receive three-month aid payout
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  • CBN Introduces N50bn Credit Facility For Households, Small Businesses Affected By Coronavirus

    CBN Introduces N50bn Credit Facility For Households, Small Businesses Affected By Coronavirus

    CBN Introduces N50bn Credit Facility For Households, Small Businesses Affected By Coronavirus 16

    CBN Introduces N50bn Credit Facility For Households, Small Businesses Affected By Coronavirus 17


     

    The Central Bank of Nigeria has announced that it would give a N50bn Targeted Credit Facility to households and small businesses affected by Coronavirus (COVID-19).

    Those eligible according to the apex bank must prove that they, their livelihood and business operations have been adversely affected by the spread of the virus.

    Businesses eligible for the scheme are agricultural value chain activities, hospitality, health (pharmaceuticals and medical supplies), airline service providers, manufacturing and value addition, and trading.

    The maximum amount to be received depending on proof of cash flow of investment size is N25m while households can access N3m with an interest rate of 5 per cent per annum for a maximum period of one year.

    The facility will be administered by the NISRAL Microfinance Bank and the Central Bank of Nigeria.

     

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