The Northern Elders Forum (NEF), has flayed the Central Bank of Nigeria CBN, for imposing the Cybersecurity Levy. The NEF, a socio-cultural organization representing the interests of the Northern region of Nigeria, said in a statement on Wednesday night, it “strongly condemned the Central Bank of Nigeria’s recent decision to impose a cybersecurity levy on…
The Central Bank of Nigeria, CBN Wednesday published an extensive roster of authorized Deposit Money Banks functioning within the nation. The list shows the approved and recognized commercial banks operating in the country. The roster, disclosed on the CBN’s official website on Tuesday, seems to present a glimpse into Nigeria’s banking sector. Although the apex…
President Bola Tinubu has returned from his trip abroad after days of speculations over his whereabouts. The Nigerian Television Authority (NTA), reported that the president returned to Nigeria, on Wednesday morning in its news flash a few minutes ago, and monitored in Abuja. The NTA simply said: “President Bola Tinubu returns to Abuja after his…
According to the latest data released by the Nigeria Inter-Bank Settlement System Plc (NIBSS), electronic payment transactions in Nigeria witnessed a remarkable surge in 2023, reaching a staggering total of ₦600 trillion for the year. The monthly breakdown reveals a consistent upward trend throughout the year, with January starting at ₦38.77 trillion and December concluding…
Senator Oluremi Tinubu, the wife of President Tinubu, has initiated the Renewed Hope Initiative Women Agricultural Support Programme in the South-South geopolitical zone, aiming to empower 120 farmers At the Government Banquet Hall in Uyo, Akwa Ibom State, on Tuesday, May 7, the inauguration ceremony marked the beginning of a transformative journey for women in…
One week after he was taken from his Lagos residence by armed men who turned out to be policemen, Daniel Ojukwu, a journalist with an online news platform, the Foundation for Investigative Journalism (FIJ), has remained in police custody despite strong calls for his release. Ojukwu’s lawyer, Abimbola Ojenike, told Channels Television on Tuesday that…
President Bola Tinubu, has expressed his condolences to the National Security Adviser (NSA), Mallam Nuhu Ribadu, following the demise of his brother, Salihu Ahmadu Ribadu, who passed away on Sunday in Yola, Adamawa State. Representing the President, Honourable Femi Gbajabiamila, the Chief of Staff, led a federal government delegation on Tuesday to Yola to pay…
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024, signed by its Director of Banking Supervision, Adetona Adedeji. This was contain in an email shared by one of the customers of the banks and…
In a significant setback to Nigeria’s burgeoning tech industry, reports suggest that Microsoft is considering the closure of its African Development Centre based in Lagos. This move, if confirmed, would have profound implications for the country’s technological landscape, potentially impacting job opportunities and innovation in the sector. According to industry insiders who spoke to The…
Nine days after he was expected back in the country from S/Arabia where attended the World Economic Forum WEF, President Bola Tinubu will be heading home. The presidency broke its silence on the whereabouts of the President, saying he will be the back in the country on Wednesday. Special Adviser to the President on information…
