… As Gov AbdulRazaq seeks takeover of Ajaokuta Steel by Kwara firm Minister of Mines and Steel Development, Alh Shuaib Audu, has disclosed that the Federal Government is working on a 10-year roadmap for the revival of the steel industry. ...
Read More »Yearly Archives: 2024
Insist On Social Investment Not Wage Increase, Adebayo Tells Labour
The Social Democratic Party (SDP) presidential candidate in the 2023 general election, Prince Adewole Adebayo yesterday said the organised labour should demand provision of social investment and not wage increase. He stated this against the backdrop of the unfolding debate ...
Read More »NNPCL Confirms 1.5bn Litres Of Petrol In Stock, Moves To Fight Hoarding
In a significant move, the Central Bank of Nigeria (CBN) has issued a directive for all banks to implement a 0.5% cybersecurity levy on all electronic transactions to bolster cyber defences. However, in a bid to mitigate the impact on ...
Read More »16 Bank Transactions Exempted From CBN’s New Cyber Security Charges
In a significant move, the Central Bank of Nigeria (CBN) has issued a directive for all banks to implement a 0.5% cybersecurity levy on all electronic transactions to bolster cyber defences. However, in a bid to mitigate the impact on ...
Read More »Reps To Probe NNPCL, AGIP Over Alleged Diversion Of $72m Owed Nigerian Coy
The House of Representatives, on Tuesday, resolved to investigate the Nigerian National Petroleum Company Limited (NNPCL) and a multi-national oil company, AGIP, over allegations of fund diversion and failure to pay $72 million debt to a Nigerian company, Decoon Services ...
Read More »Banks To Begin Deduction Of Cybersecurity Levy
… Fund to be administered by ONSA The Central Bank of Nigeria (CBN) has directed all financial institutions in the country to begin the deduction of cybersecurity levy on all electronic transactions effective May 20, 2024, six years after it ...
Read More »Crisis Rocks NATCOM As Provost Pronounces ‘Acting DG’ Fidel Suspended
The provost of the National Commission for the Co-ordination and Control of the proliferation against Small Arms, Ammunitions, Light Weapons and Pipeline Vandalism in Nigeria (NATCOM), Silas Uchendu Ihemeremadu, has reacted to a purported vote of confidence on one Agaba ...
Read More »Hamas Accepts Ceasefire Deal Amid Rafah Invasion Threat By Isreal
The Palestinian militant group, Hamas has agreed to a ceasefire in the ongoing armed conflict between the group and the State of Israel following the threat to invade Rafah by the Israeli Defence Force, (IDF). The ceasefire deal for Gaza ...
Read More »Two Die After Taking Local Concoction During Ondo Festival
Two persons, Ojulewa Alex and Alonge Samuel have died after drinking native liquid substance during an annual age group festival in Ipe-Akoko, Akoko South East local government area of Ondo State. At the festival tagged “Ibogbel,” another youth identified ...
Read More »Archbishop Sam Zuga Officially Presents First Independent Cryptocurrency Bank In The World On Occasion Of His 53rd Birthday
The first professor of digital economy in the world, Archbishop Prof Sam Zuga, a man of multiple and diverse talents, a clergy, a philanthropist, the President and founder of SamZuga foundation, founder of the first digital currency in Africa, “Zugacoin” ...
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