Connect with us

Business

CBN disowns recruitment portal seeking BVN details, says ‘It is fraudulent’

Published

on

CNB

 

The Central Bank of Nigeria (CBN) has dissociated itself from a recruitment portal created in its name and inviting Nigerians to submit applications for jobs.

According to reports, a certain website had announced that the apex had bank begun its 2023/2024 application recruitment exercise.

The website directed interested candidates to visit the CBN’s website to access the application portal, recruitment form, requirements, and guidelines on how to apply.

But in a statement on Thursday, Isa Abdulmumin, CBN’s acting director of corporate communications department, said the attention of the bank has been drawn “to a fake recruitment portal inviting eligible members to submit applications in an exercise that will commence soon”.

The CBN spokesperson described the portal as fraudulent, as it seeks to take advantage of the country’s unemployment woes.

“The fraudulent website lists requirements for eligibility to include, among other qualifications, the possession of a bank verification number (BVN). The portal goes on to state that those with physical disabilities are not eligible to apply,” the statement reads.

READ  NDA denies arrest of NAF personnel over attack on facility

“For the avoidance of doubt, the CBN is currently not carrying out any general recruitment exercise and will never request for the BVN of intending applicants nor discriminate against persons with physical disabilities.

“Accordingly, members of the public are hereby warned to be wary of fraudulent recruitment agents bent on taking advantage of the employment challenge to defraud eligible applicants, particularly young graduates. Please be guided accordingly. “

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

My refinery will crash fuel price in Nigeria – Dangote

Published

on

By

 

Aliko Dangote, Africa’s richest man and chairman of Dangote Group, says his $20 billion 650,000 barrels per day Lagos-based refinery will crash the price of fuel as it reduced the price of diesel in Nigeria.

 

Dangote disclosed this at the Afreximbank Annual Meetings and AfriCaribbean Trade & Investment Forum in Nassau, The Bahamas.

 

Asked to speak on whether or not his refinery would crash the pump price of petrol, which sells at an average of N700 per liter, Dangote gave no affirmative answer, explaining how the price of diesel fell from 1,700 to N1,200 when his diesel flooded the Nigerian market.

 

He noted that his refinery currently has 4.78 billion liters of storage capacity for refined petroleum products.

 

“The issue of gasoline is certainly a different issue. That one is being dealt with by the government. But let me give you an example. In diesel, which the industries, transporters and everybody consume; when we first started, it was N1,700, and the dollar conversion was about N1,200 then. Immediately when we started, within two weeks we brought down the price to N1,000. We took it from N1,700 to N1,200 and from N1,200 to N1,700, we have given more than a 60 percent drop in price.

READ  Good morning! Here Are Some Major News Headlines In The Newspapers Today: Reps ask FG to reopen Banex plaza, probe incident

 

“With the currency now back up to about N1,500 per dollar, the price is still below N1,200. That’s a big improvement, from N1,700 to N1,200. And the diesel is available, we are not living from hand to mouth anymore,” Dangote replied when asked about a possible petrol price cut.

 

“The country doesn’t have strategic reserves in terms of petrol, which is very dangerous. But in our plant now, when you came, we had only 4.78 billion liters of various tankage capacity. But right now, we’re adding another 600 million.

 

“So effectively, as we go forward, the refinery will be the strategic reserve of the country in terms of petroleum products,” he noted.

 

Dangote alleged that the reason why international oil companies refused to sell crude oil to his refinery was that they did not want him to succeed.

 

“And I think that is the process that we’re now really going through. But the truth is that, yes, the country, the sub-region, and also the continent, of sub-Saharan Africa, need this refinery. So, you expect them to fight through non-supply of crude, non-purchase of the product, but I think it’s all temporary. We’ll get there,” he added.

READ  Alleged N6.9bn procurement fraud: FG arraigns Emefiele, allies on Thursday

 

Recall that Dangote Refinery turned to the US for 24 million barrels of crude supply monthly.

 

Consequently, the refinery shifted the date to commence supply of fuel to July 10–15, 2024, from June.

Continue Reading

Business

Refinery: Oil sector mafia tried to sabotage us – Dangote

Published

on

By

 

Aliko Dangote, Africa’s richest person, says local and foreign mafia tried several times to sabotage his $19 billion refinery from coming to fruition.

 

Aliko Dangote, Dangote Refinery, Oil mafia

This is as he said he has repaid about $2.4 billion of the $5.5 billion borrowed to build the refinery.

 

According to him, several entities did everything to sabotage the 650,000 barrels per day facility.

 

He spoke Wednesday at the Afreximbank annual meetings (AAN) and AfriCaribbean Trade and Investment Forum in Nassau, The Bahamas.

 

Dangote said he was aware that resistance would always exist, but he did not anticipate it being so harsh.

 

“Well, I knew that there would be a fight. But I didn’t know that the mafia in oil, they are stronger than the mafia in drugs. I can tell you that. Yes, it’s a fact. The local and foreign mafia tried several times to sabotage the refinery from coming to fruition,” he said.

READ  JUST IN: CBN plans new measures to stabilise naira, says speculators may incur losses

 

The businessman, who tagged himself a fighter throughout his life, said the mafias had tried several times to defeat him.

 

“But I’m a person that has been fighting all my life. You know, so I think it’s part of my life to fight,” he said.

 

On if he was receiving enough crude oil as feedstock for his refinery from the international oil companies (IOCs), Dangote said: “In a system where for 35 years people are used to counting good money, and all of a sudden they see that the days of counting that money have come to an end, you don’t expect them to pray for you. Of course, you expect them to fight back.

 

“And I think that is the process that we’re now really going through. But the truth is that, yes, the country, the sub-region, and also the continent, sub-Saharan Africa, need this refinery. So, you expect them to fight through non-supply of crude, non-purchase of the product, but I think it’s all temporary. We’ll get there.”

READ  Lawmakers kick as Emefiele shuns Reps summons for second time

Continue Reading

Business

Oando boss Wale Tinubu shares podium with other top executives at AAM 2024

Published

on

By

 

Jubril Adewale Tinubu, the Group Chief Executive, Oando PLC, will on Friday 14th, June, 2024 speak at the ongoing Afreximbank Annual Meetings 2024 in Nassau, Bahamas.

The oil player will share insights on the vital role the private sector plays in transforming Afri-Caribbean opportunities into tangible realities.

 

From driving innovation and economic growth to forging sustainable partnerships, private enterprises are at the forefront of creating a prosperous future and empowering progress across regions.

 

This year, the AfriCaribbean Trade and Investment Forum (ACTIF2024) is incorporated fully within the Afreximbank Annual Meetings (AAM2024).

 

The Afreximbank Annual Meetings has become renowned as a uniquely multi-faceted event that cuts across the private/public sector with unmissable conferencing, deal-making, lobbying, entertainment and more. This year it forms Global Africa’s Greatest Gathering. At this momentous event, we anticipate welcoming several thousand attendees including African/Caribbean leaders and senior government officials, African and non-African policymakers, corporate and business leaders, bankers, entrepreneurs, academics and other thought leaders – with more than 60 speakers already confirmed.

READ  Reps summon CBN gov over FX ban lifted on 43 items

 

The 3rd edition of the AfriCaribbean Trade and Investment Forum (ACTIF2024) explores the platform of Global Africa – to navigate new vistas for the Caribbean through African and global investments from across the diaspora; with more than 25 deals expected to be signed and new commercial and developmental initiatives to be announced.

 

Others expected to speak at the forum include KC, Prime Minister of the Commonwealth of The Bahamas, The Honourable Philip Davis, H.E. Dr. Irfaan Ali, Chairperson of the Conference of Heads of Government of the Caribbean Community (CARICOM) & President of Guyana, Honourable Mia Amor Mottley, Former President, Republic of Niger and Leader of the African Continental Free Trade Area (AfCFTA), President and Chairman of the Board of Directors, Afreximbank, H.E. Prof. Benedict Okechukwu Oramah, Dangote, Chairman and CEO, Dangote Group, Mr. Aliko Dangote.

Others are Executive Vice President Office (Global Trade Bank), Afreximbank, Mr. Haytham Elmaayergi, Chairman, Access Holdings; Mr. Aigboje Imoukhuede; Mr. Jeannel Wyclef Jean, an international musician, President and CEO; Corporate Council on Africa (CCA), Ms. Florizelle Liser, Former President, Federal Republic of Nigeria; H.E. Chief Olusegun Obasanjo, CEO, Fidelity Bank; Mrs. Nneka Onyeali-Ikpe, Co-Founder RePlant Advisors LLC and Chair, National Hemp Association; Mr. Geoff Whaling, Serena Williams; Tennis Champion and Founding Manager, Serena Ventures, among several others.

READ  Alleged N6.9bn procurement fraud: FG arraigns Emefiele, allies on Thursday

Continue Reading

Trending News