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Banks’customers pay N45.9b as account maintenance fees in H1’22

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By Emmanuel Agaji

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Customers of leading commercial banks in Nigeria paid N45.9 billion as account maintenance fees in the first half of the year (H1’22). This represents a 26 per cent year-on-year (YoY) rise when compared to N36.29 billion paid in the corresponding period of 2021.

Findings from the fees and commission data in the H1 ’22 Financial Statements of the banks showed that net fees and commission income of the nine banks rose YoY by 21 per cent to N246.77 billion in H1’22 from N203.51 billion in H1’21.

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The data also showed that fees paid for electronic banking services rose by 21 per cent YoY to N86.52 billion in H1’22 from N71.38 billion in H1’21.

The rise in electronic banking services fees indicates that more Nigerians are embracing the cashless policy of the Central Bank of Nigeria (CBN).

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Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) revealed that transactions worth N33.2 trillion were performed electronically in August through the NIBSS Instant Payment Platform (NIP) bringing the total value of e-payment deals in the last 8 months to N238.7 trillion.

According to NIBSS, the data showed that the August 2022 record came as an all-time high e-payments value recorded in a month since the deployment of the platform.

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Compared to the N29.3 trillion recorded in July, the August figure showed a 13.3 per cent month-on-month growth.

YoY, the e-payment value increased by 50 per cent compared to N22.1 trillion recorded in August last year.

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NIBSS noted that the value of e-payment recorded was a reflection of the increase in the volume of deals within the month.

The NIP volume rose to 448 million in August, showing a 10.6 percent increase over 405 million recorded in July.

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“I Admire Your Eloquence, Calmness,” Emir Of Kano To Obi

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By Tai Agbo

The Emir of Kano Alhaji Aminu Ado Bayero has declared that he admired the eloquence, calmness, humility of the standard bearer of the Labour Party, (LP) Mr Gregory Peter Obi.

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The Monarch stated these when the presidential candidate paid him a courtesy visit in his palace on Friday.

Said he “Iadmire your eloquence, calmness, humility, respect for culture, and fear of God.”

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A statement by the spokesman of the Thirdforce Dr Yunusa iTanko added that Obi visited the revered monarch as he arrived Kano to sympathize with the Kano Flood Victims as well as Beirut Road Collapsed Building.

The Presidential Candidate of the Labour Party the statement further stressed used the occasion of the visit to brief the Emir of his desire to serve Nigeria as the next president come 2023.

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The former Anambra State Governor, who said he had been exposed to various areas of governance for years, noted that he was experienced enough to lead Nigeria.

“Though l am in the state for sympathy visit, l deem it appropriate to make the Palace my first point of call to pay you Royal Homeage and to formally infor.m of my intention to run for president in the forthcoming election.”

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Mr Peter Obi furthet explained that he was also in the Palace to sympathize with him as a Royal Father for the twinntragedy that befell the state penultimate weeks.

The Emir who nited that the country was blessed with abundant resources but wondered why there were suffering, poverty and crimes, said he believed Obi was eminently qualified for the position as he did it as Anambra State Governor wished wished Peter Obi well in the pursuit of his ambition.

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Peter Obi was in company of Kano State Gubernatorial Candidate of Labour Party Engineer Bashir Ishaq Bashir, his running mate Dr. Datti Yusuf Baba Ahmed , Dr Yunusa Tanko and State Chairman of Labour Party Mall Raji in his entourage.

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2023: Obi Visits Emir of Kano, restated his Desire to Lead Nigeria+photos

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The Presidential Candidate of the Labour Party Mr. Peter Gregory Obi on Friday visited the Emir of Kano, Alhaji Aminu Ado Bayero where he reiterated his desire to serve Nigeria.

Obi visited the revered monarch as he arrives Kano to sympathize with the Kano Flood Victims as well as Beirut Road Collapsed Building.

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The former Anambra State Governor, who said he has been exposed to various areas of governance for years, noted that he is experienced to lead Nigeria.


While he told the Emir he is in the state for sympathy visit, Obi said he deemed it appropriate to make the Palace his first point of call.

The visit to the palace, Peter Obi explained, is to pay Royal Homage to the revered Emir and also to formally inform him of his intention to run for president in the coming election and also to sympathize with him as a Royal Father for the twinntragedy that befalled the state penultimate weeks.

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On his part, the Emir of Kano expressed his happiness for the visit and said he admires Peter Obi’s eloquence, calmness, humility, respect for culture, and fear of God. He also thanked him for having respect for culture.


The Emir who said the country is blessed with resources but wondered why there’s suffering and poverty and crime, said he believed Obi is eminently qualified for the position as he did it as Anambra State Governor where he wished Peter Obi well in the pursuit of his ambition.

Peter Obi was in company of Kano State Gubernatorial Candidate of Labour Party Engr. Bashir Ishaq Bashir, his running mate Dr. Datti Yusuf Baba Ahmed , Dr Yunusa Tanko and State Chairman of Labour Mall Raji in his entourage.

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2023: Newly wed couple join Obidients in Abuja one million man march+video

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Newly wedded couple on Saturday join the Obidients one million man march in Abuja trending video emerges online.

Naijablitznews.com reports no one seems to be left out as depicted in this video showing the newly married couple marching for LP presidential candidate Peter Obi.

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Watch video below:

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