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Goodnews: GTBank Removes All Bank Charges For Young Undergraduates On Its GTCRea8 Account Package

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If you are an undergraduate, between the ages of 16-25, then you can now bank for free with Guaranty Trust Bank (GTBank).

The leading, youth-focused, financial institution has announced that it will cover all charges on transfers, USSD transactions and bank alerts for holders of its GTCrea8 Account, a bespoke banking product for young undergraduates between the ages of 16-25.

GTCRea8 has been a core part of the GTBank’s value proposition to deliver value-adding banking services to young people whilst empowering them to pursue excellence in their academics and respective interests.

Over the years, tens of thousands of university undergraduates have benefited from GTCrea8 concerts, masterclasses, digital training, Education Support Grants, and several other initiatives championed by the bank to ensure students have a more rewarding campus experience. Now, millions of students across the country will be able to bank for free following the Bank’s commitment to cover the cost of all banking charges for GTCrea8 account holders.

Some of the banks charges that GTCrea8 account holders will no longer have to pay include charges on bank transfers, even when the transfer is to other banks. Undergraduates will also not be charged for using 737, the bank’s industry-leading USSD service, nor will students be charged for transaction alerts received whether via SMS or email. GTCrea8 account holders will also enjoy special offers and discounts when they make use of GTBank’s trendsetting digital platforms, such as Habari, which offers access to music and video streaming, shopping, messaging, and bills payment all in one place.

Commenting on the Bank’s removal of bank charges for young undergraduates, the Chief Executive Officer of Guaranty Trust Bank, Segun Agbaje said, “Empowering young people in every way we can is the most valuable investment that we can make for the future. That is why we have taken this bold step to cover the cost of all their banking charges, not just to allow them to bank for free, but also to inspire them to imagine a world free of all limits to their ambitions, and in which they can achieve their greatest dreams.”

He further stated that “At GTBank, we will continue to find innovative ways and create new initiatives to give young people all the motivation, support, and platform that they need to thrive. This is the reason we have made banking free for young undergraduates, and it is also the reason we are organizing the GTBank Fashion Weekend, the biggest fashion event in Africa, on November 9-10, 2019 to champion the talent, creativity, and endeavors of our young entrepreneurs.”

Guaranty Trust Bank plc has been at the forefront of supporting education for all and champions several initiatives that provide undergraduates with various avenues to learn, interact and have fun while in school. The Bank is also regarded by industry watchers as one of the best run financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality and innovation.

BIG STORY

Makinde vs Adelabu: Confusion As APC, PDP Celebrate Appeal Court Ruling In Oyo

Peter Okunoren

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There was wild jubilation in Oyo State following the Monday ruling of the Appeal Court on the application filed by the gubernatorial candidate of the All Progressive Congress (APC) in the last elections, Adebayo Adelabu, against the Peoples Democratic Party (PDP) candidate, Engr. Seyi Makinde.

The Court of Appeal sitting in Ibadan held that there was a miscarriage of justice at the Oyo State Election Petition Tribunal because they should have considered every document submitted to prove its case and not lump it together and consider it as one, it did not give any consequential order to that effect.

The Appellate Court in its ruling resolved the four issues filed by Adelabu in favour of Makinde and dismissed the four reasons. The court had noted that it allowed the appeal because there were issues of a miscarriage of justice at the lower court but added that a judgement must be given after considering a situation in its entirety.

The four-man panel further noted that in this situation the 180 days mandated for the tribunal to operate had lapsed and there was consequently no reason to touch the ruling of the lower court.

Adelabu had filed an appeal through his counsel, Yusuf Alli (SAN), against the judgement of the tribunal upholding the victory of the Peoples Democratic Party (PDP) candidate, Engr Seyi Makinde, praying the court to dismiss the judgment of the lower court and order a fresh election while counsel to Seyi Makinde urged the court to dismiss the appeal and uphold the judgement of the case.

While the camps of the APC has started jubilating, the PDP camp has also started jubilating in reaction to the judgement.

APC United Kingdom as at 1:07 PM via his verified Twitter handle @APCUKingdom tweeted that “[BREAKING NEWS] Appeal court rules in favour of APC Gubernatorial candidate in Oyo State, Adebayo Adelabu, as his appeal was upheld. More Details shortly! #NextLevel @OfficialAPCNg @apcghanachapter @apcyouthomoodua.”

Appeal court rules in favour of APC Gubernatorial candidate in Oyo State, Adebayo Adelabu, as his appeal was upheld.

More Details shortly!#NextLevel @OfficialAPCNg @apcghanachapter @apcyouthomoodua pic.twitter.com/pHnxg7L5GC

— APC United Kingdom (@APCUKingdom) November 11, 2019

The PDP via G.S.M Media @MakindeMedia, an independent media campaign team for Makinde said: “Congratulations Gov. Seyi Makinde. People’s choice!”

Congratulations Gov. Seyi Makinde.

People’s choice! pic.twitter.com/P2xHZEMAt2

— G.S.M Media (@MakindeMedia) November 11, 2019

A copy of the image accompanying the tweet was also posted by Oyo State PDP via @PDPOyoState.

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Great News! 12-Year-Old Nigerian Boy, Chika Ofili, Bags Award In UK For Discovering A New Formula In Mathematics

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Master Chika Ofili, a 12-year-old Nigerian boy based in the UK, has bagged a special award for recognition after making a shocking new discovery in mathematics.

He is said to have discovered a new formula for divisibility by 7 in mathematics.

His new formula for divisibility of 7 is to multiply the last digit in the figure and then add everything together, then check if the new figure is a multiple of 7.

For example, to check if 7 can divide 532, the process is illustrated below:

53 + 2 x 5= 63

63, is a multiple of 7; hence 7 can divide it. Amazing isn’t it??? Nigeria to the World!!!

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FG Declares Monday Public Holiday

Peter Okunoren

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The Federal Government has declared Monday as Public Holiday to mark the 2019 Eid-ul-Mawlud which is in commemoration of the birthday of the Holy Prophet Muhammad.

Mr Mohammed Manga, Director Press and Public Relations of the Ministry of Interior, announced this in a statement on Thursday in Abuja, NAN reports.

He said the Minister of Interior, Ogbeni Rauf Aregbesola, congratulated the Muslim faithful on the occasion and enjoined them to live within the virtues and teachings of the Prophet.

He said imbibing the Prophet’s virtues of love, courage, and perseverance would guarantee peace and security in the country.

Aregbesola expressed confidence that the challenges confronting Nigeria at the moment would soon be over and therefore called on Nigerians to remain focused and determined.

He gave the assurance that with the immense potentials the country is endowed with; coupled with its human and natural resources, Nigeria will sooner than later join the league of developed nations.

“With love, commitment, self-sacrifice, patience and patriotism, we will certainly, build a greater Nigeria,” Aregbesola said.

The Minister restated the Government’s desire to ensure a peaceful and secure environment for all Nigerians.

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