Five things to know about the new cybersecurity levy to be paid by Nigerians

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 […]

Read more

FG eyes $750m W’Bank loan, mulls telecom tax

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 […]

Read more

Ilechukwu, Ogunbote, Eguma battle for NPFL award

Enugu Rangers coach Fidelis Ilechukwu, 3SC coach Gbenga Ogunbote, Stanley Eguma of Rivers United and Niger Tornadoes gaffer Majin Mohammed have been nominated for the League Bloggers April Manager of The Month Award in the Nigeria Premier Football League. The League Bloggers Award is an initiative of MatchRoom Sports & Media Ltd and has since 2009, […]

Read more

VCDF partner LAWMA, Iru LCDA to conduct ‘Street Hygiene & Cleanliness’ campaign in Lagos

Living healthy lives can be enabled by embracing and maintaining cleanliness in our urban surroundings, we not only enhance the hygiene of our streets and drains but also contribute to mitigating the adverse effects of pollution and promoting a sustainable future for generations to come. On April 6th, 2024, a community-driven initiative took to the […]

Read more

Forex: Turnover in NAFEM falls 37% to N3.47bn

The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, declined month-to-month (MoM) by 37.4 percent to $3.47 billion in April 2024 from $5.54 billion in March 2024. Vanguard analysis of weekly  transactions in the market as published by FMDQ showed that turnover stood at  $836.66  million in the first week of April […]

Read more
Title
.