Cybersecurity Levy: Intent, Timing Right, But Strategic Communication Lacking – Ex-Lawmaker

A former member of the House of Representatives, Aliyu Gebi, has shared insights on the recent directive from the Central Bank of Nigeria requiring banks to start deducting cybersecurity levy on transactions. The CBN had on Tuesday announced that a 0.5 per cent

PoS Agents Frown At CAC’s Registration Mandate, Says Customers Will Pay More

Some Point of Sale (PoS) agents in the FCT, have frowned at the new directive of the Corporate Affairs Commission (CAC) for them to register with the commission. The News Agency of Nigeria (NAN) reports that CAC had on Monday issued a two-month registration deadline

Naira Declines By 4.6% Against Dollar At Official Market

The Naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost N62.36. This represents a

Cybersecurity Levy: Nigerian Govt To Rake In Between N3trn, N7tn Yearly – CPPE

The Centre for the Promotion of Private Enterprise, CPPE, says the Nigerian federal government will rake in between N3 trillion and N7.75 trillion in one year with its recently introduced cybersecurity levy of 0.5 per cent on electronic banking transactions. The Director of

Shell Pays Over $1bn Tax To FG In 2023

Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum Development Company of Nigeria Limited and Shell Nigeria Exploration and Production Company of Nigeria Limited.

Brief Remark By Abia State Governor, Dr. Alex C. Otti, OFR, At The Official Signing Of The Dig-Once Policy In Abia State On May 1, 20204.

Protocols, 1.      I am glad to welcome everyone joining us for this brief ceremony where the State’s “Dig Once” policy will be signed to become an official policy of government to regulate and direct the laying and installation of underground broadband technology infrastructure

Abia Pensioners Hail Gov Otti For Fulfilling His Promise

Celebrations are currently going on in almost every home and family in Abia State today. Pensioners, who before the coming of Governor Alex Otti, had been in grief and mourning, have reason to celebrate once again within a space of one month. Having

Quaker Oats Plant Closes After Dozens Of Products Recalled – Tasting Table

After 55 years of producing Quaker Oats products in Danville, Illinois, a company plant is closing, triggering layoffs for 510 employees. The City of Danville announced that PepsiCo will be officially closing the plant on June 8, 2024, though production has already ceased. This

Gov Otti Hints On Possible Partnership Between Abia And INFRACORP In Agriculture, Power

Abia State Government says it is willing to collaborate with the Infrastructure Corporation of Nigeria (InfraCorp) in some critical areas of the state’s economy, including agriculture and power. State Governor, Dr. Alex Otti, OFR, stated this at a meeting with the Managing Director/Chief

BREAKING: Amid Hardship, Epileptic Power Supply, Federal Govt Hikes Electricity Tariff

Nonchalant about the Epileptic Power supply Amid economic crunch, the Nigerian Electricity Regulatory Commission (NERC) has approved the increase of electricity tariff for customers under the Band A classification. At a press briefing in Abuja on Wednesday, NERC’s Vice Chairman, Musliu Oseni, said