Following the retirement of Comptroller Gambo Aliyu after a meritorious 35 years of service, Deputy Comptroller Oladapo Olukayode Afeni has taken over the mantle of leadership of the Federal Operations Unit (FOU) Zone ‘A’, Ikeja of the Nigeria Customs Service in an Acting capacity. According to a press statement issued by the Public Relations Officer of the Unit, Chief Superintendent of Customs, CSC Hussaini Abdullahi, the colourful handing-over ceremony, which was held at the Unit’s conference hall in Ikeja, was witnessed by colleagues, friends and well-wishers of both officers and other Senior Officers of the service including the Acting Customs Area Controllers of PTML Command, Ogun I Area Command and Enugu/Ebonyi/Anambra Area Command, senior officers and critical stakeholders. At the handover ceremony, Afeni pledged professional and accountable leadership anchored on intelligence-led enforcement, revenue protection and safeguarding Nigeria’s economic interests, while emphasizing on...
Understanding what happens to your money after a payment is just as important as completing the transaction. Picture a professional preparing for a trip. The flight must be booked, the hotel needs to be paid for and regular household expenses have not stopped simply because travel is approaching. There are two cards in the wallet, a debit card and a credit card. Both cards can be used to make payments, but they affect the cardholder’s finances differently. A debit card draws money directly from the available balance in a linked bank account. A credit card allows the cardholder to borrow within an approved credit limit and repay the amount under agreed terms. Understanding the difference between a debit card and a credit card is the first step towards choosing the right payment option for every expense. What is the difference between a debit card and a credit card? The main difference lies in the source of the money used for a transaction. When you pay with a debit card, you are ...