CBN
CBN Retracts Cybersecurity Levy Directive for Financial Institutions
Local News
May 20, 2024
CBN Retracts Cybersecurity Levy Directive for Financial Institutions
The Central Bank of Nigeria (CBN) has rescinded its directive mandating a 0.5 percent cybersecurity levy on banks and financial…
CPPE to CBN: Halt interest rate tightening, businesses are yet to recover from previous hikes
Business & Economy
May 16, 2024
CPPE to CBN: Halt interest rate tightening, businesses are yet to recover from previous hikes
The Centre for the Promotion of Public Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to slow…
Godwin Emefiele Pleads Not Guilty, Granted N300m Bail in Alleged Naira Printing Case
Local News
May 15, 2024
Godwin Emefiele Pleads Not Guilty, Granted N300m Bail in Alleged Naira Printing Case
Former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has entered a plea of not guilty to charges of…
FG raises over N380 billion in May bond auction amid weaker demand
Business & Economy
May 14, 2024
FG raises over N380 billion in May bond auction amid weaker demand
The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024. However, the…
Cybercrime levy: No country can tax its way to prosperity – KPMG
Business & Economy
May 13, 2024
Cybercrime levy: No country can tax its way to prosperity – KPMG
Global tax and advisory firm, KPMG has criticized the federal government and Central Bank of Nigeria (CBN) on its move…
Reps direct CBN to withdraw circular on cybersecurity levy, says it’s ambiguous
Politics
May 9, 2024
Reps direct CBN to withdraw circular on cybersecurity levy, says it’s ambiguous
Members of the House of Representatives, on Thursday, directed the Central Bank of Nigeria (CBN) to withdraw the circular directing…
PoS Agents Express Concern Over CAC’s Registration Mandate, Fear Increased Transaction Costs for Customers
Local News
May 8, 2024
PoS Agents Express Concern Over CAC’s Registration Mandate, Fear Increased Transaction Costs for Customers
Point of Sale (PoS) agents in the Federal Capital Territory (FCT) have voiced their dissatisfaction with the recent directive from…
CBN Directs Banks to Charge 0.5% Cybersecurity Levy on Electronic Transfer
Local News
May 7, 2024
CBN Directs Banks to Charge 0.5% Cybersecurity Levy on Electronic Transfer
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions.…
EFCC files fresh charges against Emefiele, says he printed N684.5m with N18.9bn
Politics
April 24, 2024
EFCC files fresh charges against Emefiele, says he printed N684.5m with N18.9bn
There seems to be no end in sight for the troubles the embattled former Governor of the Central Bank of…
FG targets reduction in interest rate to attract investment – Wale Edun
Business & Economy
April 19, 2024
FG targets reduction in interest rate to attract investment – Wale Edun
The federal government is looking towards a reduced interest rate to attract investments and grow the economy according to the…