President Bola Ahmed Tinubu has reportedly asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy amid rejection by Nigerians.A report on Sunday quoted presidential sources disclosing Tinubu’s position on the cybersecurity levy. This followed the decision of the House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country. Recall that CBN, on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy.…
Author: Admin
President Bola Ahmed Tinubu has reportedly asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy amid rejection by Nigerians.A report on Sunday quoted presidential sources disclosing Tinubu’s position on the cybersecurity levy. This followed the decision of the House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country. Recall that CBN, on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy.…
President Bola Ahmed Tinubu has reportedly asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy amid rejection by Nigerians.A report on Sunday quoted presidential sources disclosing Tinubu’s position on the cybersecurity levy. This followed the decision of the House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions in the country. Recall that CBN, on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new cybersecurity levy.…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has admitted making a mistake in his judgement of Governor Sim Fubara of Rivers State. Wike begged God and his political family in Rivers State to forgive him. Promising to correct the mistake at the appropriate time, the minister vowed to keep making his detractors angry so they would continue to make mistakes. Wike spoke yesterday at a civic reception for Chief George Thompson Sekibo at Ogu-Bolo in celebration of his 36 years in public service. According to Wike: “I want to say this clearly: in life, we make mistakes.…
Vice President Kashim Shettima, on Saturday, said the tax reforms undertaken by the Bola Tinubu administration are not aimed to frustrate Nigerians but to sustain the country’s investment friendliness. Shettima, represented by his Special Adviser on General Duties, Aliyu Umar, spoke at the close-out retreat of the Presidential Fiscal Policy and Tax Reforms Committee held at the Transcorp Hilton, Abuja. Shettima’s spokesperson, Stanley Nkwocha, revealed this in a statement titled ‘Our tax reforms initiated for overall benefits of Nigerians – VP Shettima.’ He argued that contrary to speculations in some quarters, “We are not here to frustrate any sector of…
Borno State Governor, Babagana Umara Zulum, has advocated for the revival of the Sambisa forest, which was affected by the over-decade-old Boko Haram insurgency. Zulum was speaking on Thursday in New York at the UN’s High-Level Segment Roundtable on: “Forest-based solutions to the triple planetary crises: A focus on people, science, technology, and finance.” The governor said, “Borno State has been significantly impacted by the crisis of insecurity caused by Boko Haram insurgency, which has led to widespread displacement of communities, destruction of infrastructure, and loss of livelihoods.” He added, “The conflict has also exacerbated environmental degradation, including deforestation and…
Borno State Governor, Babagana Umara Zulum, has advocated for the revival of the Sambisa forest, which was affected by the over-decade-old Boko Haram insurgency. Zulum was speaking on Thursday in New York at the UN’s High-Level Segment Roundtable on: “Forest-based solutions to the triple planetary crises: A focus on people, science, technology, and finance.” The governor said, “Borno State has been significantly impacted by the crisis of insecurity caused by Boko Haram insurgency, which has led to widespread displacement of communities, destruction of infrastructure, and loss of livelihoods.” He added, “The conflict has also exacerbated environmental degradation, including deforestation and…
Altè Rap muse King Kerby is gearing for another scintillating music drop this Friday. The cut “Leeches” off his upcoming ‘Saba Deluxe’ LP will be unveiled (with a music visual shot by RETROGOD on 17/5). Tapping South African beatsmith Zino D who is revered for his eclectic production style, famed for producing rapper Nasty C’s smash hit “SMA” featuring Rowlene – King Kerby showcases his diversity with the sonic choice he adopts for this particular record. According to King Kerby A&R Philip Koth who is acclimated for his astounding work with Nairobi drill faction Buruklyn Boyz, he champions Kerby’s brazen…
This is the story of Aisha, a young woman who returns home from the UK. But the Eastside town she left behind is not the same town she’s come home to. Her quest to redefine herself leads her down a path of love, loss and new discoveries. DOWNLOAD MOVIE
The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to halt the implementation of the cybercrime levy in compliance with the provisions of the cybercrime Act. This followed the adoption of a motion of urgent public importance moved by Minority Leader Kingsley Chinda, PDP Rivers. Chinda said section 44 (2a) of the Cybercrime Act listed those to pay the stipulated fees as GSM and telecom companies, Internet providers, Banks and other financial institutions, insurance companies and stock exchange. The lawmaker explained that the circular from the CBN has raised apprehension across Nigeria, stressing that it has…