BANKS MOVE TO TO REDUCE WITHDRAWAL LIMIT TO N10,000.

CBN GOVERNOR: Godwin Emefiele


Banks in the federation put forward a proposal to the CBN to
limit customer's over-the-counter withdrawal to N10,000. The proposal
was sent to the Central Bank of Nigeria by the committee for payment
systems and infrastructure last week. This proposal is as a result of
the decline in deposit received by the bank over a period of two
years.
But a report from the CBN deputy governor on Economic policy,
Dr.Alade Sarah attributed the reduction in deposit to the introduction
of the Treasury Single Account system(TSA).
She also added that the decline was also as a result of the decline
in interest and non interest income to the banks which had declined
substantially. Not just interest but also GDP, Gross profit,Gross
credit and industry asset values have also reduced. All these decrease
were largely due to TSA.

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MICROSOFT SPLASHES THE CASH, BUYS LINKED IN.

Microsoft shocked the entire world of internet marketing and
social network by announcing their intentions to buy LinkedIn, the
social network for professionals that boasts over 400 million users.
Microsoft will be buying the whole company for $26.2 billion, or an
equivalent of $196 in cash. The deal is ready to pull through but
still has to get some regulatory approvals. (Source:techcrunch.com)
LinkedIn will retain its branding and products and its CEO Jeff
Weiner will report to Satya Nadella. The deal will help microsoft
expands its reach in the social networking business, while at the same
time, giving it more audience for it products.
In a statement, Nadella said "LinkedIn has built a business
centred around connecting professionals all over the world". He also
added "Together, we can accelerate the growth of LinkedIn and also the
growth of microsoft 365 as we empower everyone on the planet".
Linked is the biggest business-social platform with a membership
that has everyone in business from the interns and university students
to the CEOs.
For the current employees of LinkedIn, Weiner has this to say:
"Nothing will change"
Some analysts had previously predicted that microsoft will buy
"Salesforce", LinkedIn's counterpart. And they still think, it could
happen, as microsoft has the purchasing power.

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EVEN MARKET WOMEN HAVE JEWELLERY- DIEZIANI FIRES BACK!

Earlier today, the Economic and Financial Crimes Commission
posted a video of a house worth about $18m and belonging to former
minister for petroleum Dieziani Alison Madueke.
The video and interview since then has gone viral. But in an exclusive
report, Dieziani has moved to counter the report. In a statement sent
exclusively to signalng.com. Dieziani berated the EFCC and aljeezra,
describing the report as "representing everything ridiculous and
despicable about professional media practices and global best
practices in the war against corruption"
She said her image had been "demonised" and her reputation
smeared on a regular basis, but nothing like this ever before. She
also accused the EFCC and Aljeezra as people who just wanted to "dress
her in the garb of a common criminal"
You can read the full details of her speech
here-www.signalng.com/breaking-market-women-bodija-jewelry-diezani-reacts-aljazeera-report/

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TYGA'S GIRLFRIEND WANTS TO 'BREAK' THE INTERNET WITH THESE STEAMY PICS.

...Boobs n curves
Hot Demy Rose Mawby wants to start an internet breaking
career with these beach pics.
After replacing Kylie Kardashian as rapper-Tyga's girlfriend, Demy
Rose has began to tow the path of 'predecessors' before her by
blasting the internet with pics of her ample boobs and bum. On sunday,
the beauty uploaded these pics unto her instagram.
She got her own hold at fame when news went around that she was
dating rapper-Tyga, just last month. And her parents her behind her,
describing her as a humble girl back at home.
"If you've got it, flaunt it"-her mom said.
But despite being seen with Rose several times, Tyga told his fans
on twitter he's still single and not dating. He also said he still
loves Kylie. Funny enough while Demi Rose was posting her instagram
pics on sunday, Tyga shared a picture of a scantily clad bombshell on
snapchat. The girl was later identified as Amina Blue.

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USAIN BOLT 'HEARTHBROKEN' ABOUT GIVING BACK OLYMPIC MEDAL.

Track legend Usain Bolt faces the possibility of being stripped
off his 4x100 Beijing olympics medal after his team mate in in the
relay sprint Nester Carter failed a drug test on the re-analysis of

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GORDON RAMSAY REVEALS HIS WIFE HAS MISCARRIED AT 5 MONTHS.

Popular chef and restaurateur, Gordon Ramsay has announced the
sad news that his wife Tana who was pregnant for their fifth child has
miscarried at five months.
He wrote on facebook:
"Hi guys, Tana and I would like to thank you for your support but
sadly Tana has miscarried our son at five months" he also sent his
thanks to the Portland hospital for taking care of his wife during her
trying times.
Gordon already is a father of three daughters and a son. The eldest
is his daughter Megan-17 years. He had announced on a show last month
that another 'boy' was on the way. Gordon who will be 50 this year
and Tana have been married since 1996.

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EXPLOSIVE INJURES FOUR AT SHANGHAI AIRPORT.

Four people were injured as a migrant worker at the Pundong
airport hurled an explosive device at a check-in counter before
attempting suicide.
The man who was later identified as Zhou Xingbai, a migrant worker
with gambling debts threw the explosive device which was packaged in a
beer bottle he brought out from a bag at a check-in counter. When the
device exploded, he brought out a knife and slashed his neck open,
collapsing on the floor.
Zhou is a 29 year old, originally from Guizhou, and according to
the police, he took several buses to arrive at the airport on sunday.
From investigation, it was discovered that Zhou filled the bottle with
explosive gun powder, the type used in fireworks. He is currently in a
critical condition while four people who got injuries from being hit
by pieces of the bottle are being treated at a hospital.
Zhou has a bad gambling history from a habit he developed after
graduating from high school. Before the incident he had lost all his
savings and was only surviving on money borrowed from friends.
CNN reports that before he committed the crime, he posted on his
wechat account that he was so much in debt that he was soon going to
do something so dangerous that he could lose his life.

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