In a new circular dated May 6, 2024, the Central Bank of Nigeria (CBN) enacted a new transaction levy tagged “Cybersecurity Levy” on all electronic transactions in all banks, commercial and other financial institutions. According to the circular, “Following the enactment of the Cybercrime (Prohibition,
A 29-year-old man has paid the supreme price for telling his friend about a heavy sum his South Africa based elder brother sent to him for the completion of his (elder brother’s) housing project back home in Nigeria. Abuchi Wisdom Nwachukwu was allegedly murdered by
President Muhammadu Buhari has signed the African Continental Free Trade Agreement (AfCFTA). According to Premium Times, President Buhari signed the agreement in Niger Republic today at the African Union (AU) summit. President Buhari had delayed signing the agreement saying more consultations were necessary before Nigeria can append its signature to it.
Nicholas Oweibo, a Justice of the Federal High Court in Lagos State has ordered the forfeiture of 2,149 pieces of jewellery and a customised gold iPhone, valued at $40million, belonging to a former Minister of Petroleum Resources, Diezani Alison-Madueke, according to Punch. The jewelries were recovered by the Economic and Financial
Wife of Nigeria’s President, Hajiya Aisha Buhari, has challenged Nigeria’s security agencies under the watch of her husband, President Muhammadu Buhari to quickly end banditry and other insecurity challenges in parts of the country. Mrs. Buhari who made the call on Saturday in Katsina State
Director-General of NBC, Modibbo Kawu, said the action was taken for failure of the TV and radio stations to abide by the broadcasting code. The Nigerian Broadcasting Commission (NBC) has suspended the licence of Daar Communications Plc., owners of Africa Independent Television (AIT) and Ray
ChamsConsortium Ltd has accused MasterCard of breach of Confidence and frustration of ChamsConsorium’s National Identity Card Concession Project. The consortium led by Chams Plc has alleged in a public letter that MasterCard’s unwholesome business practice has made Nigeria’s national ID project un-implementable and undermined the
Award-winning Afropop sensation Yemi Alade is out with the official music video where she teamed up with American rapper Rick Ross for the remix of her sultry classic “Oh My Gosh“. Alade made her musical debut in an all-girl group called Noty Spices in 2005, but her music became
President Buhari who was reelected as Nigeria’s president in the just concluded presidential and parliamentary election in the country said that Nigerians are very forgetful, especially with the fact that he spoke about his governments cardinal agenda to them during campaigns. President Buhari made the