President Bola Tinubu has asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. This followed the decision of the House of Representatives, which,...

The presidency has denied reports that Tech Company Microsoft is shutting down its Nigerian office. Media reports published earlier in the week claimed that Microsoft was allegedly leaving Nigeria, the report went viral and...

The House of Representatives Thursday asked the Central Bank of Nigeria to withdraw the circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country,...

The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go...

Some Point of Sale (PoS) agents in the FCT, have frowned at the new directive of the Corporate Affairs Commission (CAC) for them to register with the commission.The News Agency of Nigeria reports that...

The Naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange...

The House of Representatives has issued a 14-day ultimatum to Dangote Cement, BUA, Lafarge Ashaka and other cement manufacturing companies in Nigeria to appear before it to make their submissions over the arbitrary increases...

The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday disclosed that the levy implementation would...

Electricity Consumers on Monday rejected the Nigerian Electricity Regulatory Commission’s reduction of the tariff payable by Band A customers from N225/kWh to N206.8/kWh. The Nigeria Labour Congress, Trade Union Congress, Nigerian Association of Chambers...

The Central Bank of Nigeria (CBN) yesterday ordered the implementation of 0.5 per cent levy on all electronic transactions value as part of efforts to contain the rising threats of cybercrime in the financial...