Business

By Charles Ozalukwu A weird movie has been running for nearly a year before our eyes. As in all motion pictures, there is a director, crew and cast, with major and minor characters. The director here is the commander-in-chief, the…

President Bola Tinubu has asked the Central Bank of Nigeria (CBN) to suspend the implementation of the controversial cybersecurity levy policy and ordered a review, Punch reports. Punch…

Ayodele Olalere The Open Society on Justice Reform Project (OSJRP) has said the new cybersecurity levy introduced by the Central Bank of Nigeria (CBN) would only affect businesses such as banks, telecommunication and insurance companies…

Reps order CBN to stop cybersecurity levy The House of Representatives on Thursday ordered the Central Bank of Nigeria, CBN, to stop the implementation of the cybercrime levy forthwith.…

The Federal Government is set to commence a fresh audit of the N2.8 trillion fuel subsidy claim by the Nigerian National Petroleum Company Limited (NNPCL), Punch reports. Punch said that an audit…

CBN Directs Banks to Suspend Charges on Deposits till September The Central Bank of Nigeria (CBN) has directed deposit money banks and financial institutions to stop processing fee on deposits till September 30, 2024.…

FG accuses Binance of blackmail, refutes bribery allegation The Federal Government has denied that it's officials demanded $150 million in cryptocurrency payments as bribe to settle the prosecution of its…

CBN directs banks to charge 0.5% cybersecurity levy The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to start charging 0.5 percent cybersecurity levy on electronic transfers. This is…

Electricity: NERC Splits TCN, Establishes Independent System Operator    The Nigerian Electricity Regulatory Commission (NERC) has separated the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian…

Nigeria to Deploy Nuclear Science for Power Generation The Nigeria Atomic Energy Commission (NAEC) and the Centre for Energy Research and Training (CERT), Ahmadu Bello University, Zaria, are planning to deploy nuclear…