Tag Archives: Draft

Putin Signs Decree To Draft 152,000 Men Into Army By Year-end

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Russian President Vladimir Putin has signed a decree to draft 152,000 young Russians into the Russian army before the end of the year.

Government spokesman said on Friday in Kremlin that the military draft would be carried out from Oct. 1 to Dec. 31 concerning Russian citizens aged 18-27 who are not in reserve and are subject to the military draft under the law.

He said that in accordance with the law, Putin also ordered to carry out a dismissal of current conscripts from the military service.

The spokesman said further that “On military duty and military service,” the decree includes soldiers, sailors, sergeants and sergeant majors, whose term of service had expired.

Credit: dailytrust

CBN Releases Exposure Draft On Bank Charges

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The Central Bank of Nigeria (CBN) has released the exposure draft of the revised guide to bank charges upholding zero commission on turnover and the newly introduced one Naira per mille maintenance fee.

According to a circular signed by the Director, Financial Policy and Regulation Department, Mr Kevin Amugo, the review aims to ensure that the provisions of the guide is in line with current realities.

The apex bank also says the review will address complaints from depositors, requests for clarification on the provisions of the guide and absence of a tariff regime for other financial institutions.

The exposure draft proposes 50 naira monthly local debit card maintenance fee per annum against the current 100 naira per annum being charged while foreign currency denominated cards are to be charged 4,200 naira per annum.

Credit: ChannelsTv