News

Nigeria Labour Congress, Trade Union Congress and bank customers have opposed the newly introduced cybersecurity levy by the Central Bank of Nigeria, demanding its immediate withdrawal. The NLC on Tuesday...

Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum Development Company...

Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some h Bureau De Change operators at the popular Wuse Zone 4 market on Tuesday. This came as...

Twenty persons have been taken into custody by Vietnamese police for allegedly stealing and controlling tens of thousands of Facebook accounts both locally and abroad, this was discovered on Wednesday....

The Corporate Affairs Commission (CAC) has given Nigeria's 1.9 million PoS agents a two-month deadline to register their agents and merchants with the commission. This initiative aims to enhance transparency...

The Central Bank of Nigeria (CBN) has instructed commercial banks to halt the imposition of charges on cash deposits until September. This directive comes as a response to protests from...

The Central Bank of Nigeria (CBN) recently directed banks to initiate the deduction of a cybersecurity levy to be administered by the Office of the National Security Adviser (NSA). This...

The Nigeria Labour Congress (NLC) has opposed the Central Bank of Nigeria (CBN)'s directive requiring all financial institutions to levy a 0.5% cybersecurity tax on electronic transactions. In a statement...

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 Central Bank of Nigeria has provided additional clarifications on the circular concerning the cash pooling of repatriated oil and gas export proceeds by international oil companies. The apex bank...