CBN to withdraw ambiguous 0.5 per cent cybersecurity levy

Members of the House of Representatives have asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy According to the Green House, the CBN is to withdraw the initial circular, describing it as “ambiguous”, and “issue a more understandable one”. Honourable […]
FG announces expansion of National Fire Academy Sheda

The Federal Government has announced the expansion of the National Fire Academy Sheda, in Abuja, the training arm of the Federal Fire Service FFS, saying it would on May 28 begin the groundbreaking of several projects at the academy. The Minister of Interior, Olubunmi Tunji-Ojo who disclosed this yesterday in Abuja, after inspecting some ongoing […]
Senate okays the Death Penalty for Drug Traffickers

The Senate has approved the death sentence as penalty for drug traffickers in the country, as it passes through the third reading, the 2024 NDLEA Act (Amendment) Bill. The proposal was adopted today when the Senate dissolved into a clause-by-clause consideration of a report from Senator Tahir Munguno, Chairman of the Committees on Judiciary, Human […]
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 […]