TUC Threatens Nationwide Shutdown over Cybersecurity Levy
The Trade Union Congress (TUC) has threatened to shut down Nigeria’s economy if the Federal Government fails to reverse the cybersecurity levy introduced by the Central Bank of Nigeria. Reacting to the directive from the CBN to commercial banks and other financial institutions, the congress in a statement today signed by its president, Festus Osifo, […]
FG to inaugurate Funtua Inland Dry Port in Katsina State
The Federal Government has concluded plans to inaugurate the Funtua Inland Dry Port in Katsina State. In a statement, the Assistant Director, Public Relations Unit of the Nigerian Shippers Council, Rebecca Adamu, said the dry port would be opened by President Bola Tinubu at the Funtua IDP project site, with the inauguration billed for Thursday […]
USAID says it has supported Nigerian health care system with over $2b
The United States Agency for International Development (USAID) says it has supported Nigeria health care system with over one point two billion dollars in maternal health, HIV medications and Child Nutrition. Its Country Director Mrs. Melissa Jones who stated this in an exclusive interview on Classic FM 97.3FM emphasized that the USAID is in partnership […]
NNPC cautions against Panic buying of petrol, assures of availability and supply
The Nigerian National Petroleum Company (NNPC) Limited has once again urged motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol. This comes as the nationwide supply and distribution of the product continues to improve. Its Chief Corporate Communications Officer, Olufemi Soneye, in a statement said the queues at filling […]
A security guard has been reportedly shut at Drake’s home in Toronto, Canada according to authorities on Tuesday
According to Inspector to Paul Krawczyk of Toronto Police at press conference said Police officers were called to the home about 2 a.m. local time Tuesday, where they found a wounded man who was taken to the hospital in serious condition. Mr. Krawczyk noted the security guard was working outside the gate at the home […]
NLC rejects CBN directive on electronic transfer levy
The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5 (0.005) per cent Cybersecurity Levy on electronic transfers. Its President, Joe Ajaero, stated the NLC position in a statement on Tuesday in reaction to a recent circular issued by the CBN, mandating banks and payment service […]
CBN Issues July 7 Deadline For PoS Operators’ Registration with Corporate Affairs Corporation
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation. This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji, today in Abuja. Speaking at the event, the CAC boss said the […]
GOVERNOR SANWO-OLU INTERVENTION REDUCED NUMBER OF DEMOLISHED HOUSES AT MENDE ESTATE IN MARYLAND
By: AYO Agbeoluwaye The Lagos State Ministry of Environment have urges members to Carry out due diligence from relevant ministries and agencies before the procurement of landed properties in the state and especially when it’s close to canal. The SA to Lagos state governor on environment Hon. Kunle Rotimi stated this when he appeared as […]
Gas Explosion: Lagos Lawmakers Demand Better Enforcement Of Safety Law
Following a recent gas explosion in the Ajeromi/Ifelodun area of Lagos that resulted in fatalities, the state House of Assembly has called on concerned ministries, departments and agencies of government to step up enforcement of safety laws to protect lives and property. The House, at plenary presided over by Rt. Hon. Mudashiru Obasa on Monday, […]
Nigeria reduces Band ‘A’ electricity tariff to N206.80 /Kwh
The Nigerian Electricity Regulatory Commission (NERC) has ordered the System Operator at the Transmission Company of Nigeria, to cap power supply to cross-border customers in Benin Republic, Niger, and Togo to six per cent. The directive to be in effect for six months subject to review, is outlined in a document which stipulates that power […]