Author: success1053fmadmin

Nigerians on Monday rejected  the Nigerian Electricity Regulatory Commission’s reduction of the tariff payable by Band A customers from N225/kWh to N206.8/kWh. The Nigeria Labour Congress, Trade Union Congress, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, electricity consumers and civil society organisations. The new tariff announced on Monday came 33 days after […]

The Economic and Financial Crimes Commission has arrested six senior officers of the Nigeria Security and Civil Defence Corps over alleged N6bn fraud. The senior officers are currently being grilled by EFCC interrogators at the commission’s headquarters, Jabi, Abuja, Though details of the probe are still sketchy, our correspondent gathered that the NSCDC officers were […]

The Indian Consulate-General to Nigeria, Shri Chandramouli Kern, has expressed his beliefs for flourished bilateral relations between India and Nigeria in the provision of quality healthcare services. Kern disclosed this at the unveiling of StarCare International Hospital, a leading provider of primary and speciality care operations in Ikeja, Lagos State, on Monday, while assuring India’s commitment […]

The Central Bank of Nigeria, on Monday, directed banks and other financial institutions to start charging a cybersecurity levy on all banking transactions. According to the circular, the implementation of the levy would start in two weeks. The circular read in part, “Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024 and […]

In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms programme between Nigeria and the World Bank. A copy of the plan’s document posted on […]

Law students from the Lagos State University have emerged winners of the National Inter Faculty Competition. The competition which attracted participants from universities across the country, was organised by the Redeemers University in Osun State. This was revealed by the LASU handle on X on May 4, 2024, tweeting as @LASUOfficial. The competition which was […]

The Federal Government, through the Securities and Exchange Commission, is set to delist the naira from all peer-to-peer crypto platforms as the government steps up efforts to tackle exchange rate manipulators and dollar racketeers. The development came against the backdrop of the recent moves by the Federal Government to regulate Nigeria’s crypto market estimated at […]