REPS ORDER CBN TO SUSPEND CYBERSECURITY LEVY

On Thursday, May 9, 2024, the House of Representatives of the Federal Republic of Nigeria directed the Central Bank of Nigeria to halt and...

Police Set To Clamp Down On Unregistered POS Operators Upon CAC Deadline

The Federal Government of Nigeria have decided to take drastic action to increase security and clamp down on unregistered POS operators' threats to life...

TAX PANEL PROPOSES VAT REMOVAL ON FOOD, EDUCATION AND HEALTHCARE

President Bolu Ahmed Tinubu's tax panel proposes the removal of VAT on food, education, and healthcare. Based on the recent cybersecurity tax levy placed...

PRODUCER WITHDRAWS COVID-19 VACCINE DUE TO DANGEROUS SIDE EFFECT 

 The Oxford-AstraZeneca COVID-19 vaccine, also known as Vaxzevria, is being withdrawn worldwide due to concerns over a viable, rare, and dangerous life-threatening side effect. This information circulated the months after the...

CBN ORDER BANKS TO CHARGE 0.5% CYBERSECURITY LEVY

The Central Bank of Nigeria has ordered all financial institutions in Nigeria to initiate a 0.5% cybersecurity levy on every transaction. This information was...

FAAN, NSA TO CUT PHYSICAL SECURITY CHECKS AT AIRPORT

The Federal Airports Authority of Nigeria (FAAN) has agreed with the Office of the National Security Adviser to reduce the number of physical security...

MONIEPOINT, PALMPAY FREEZE ACCOUNTS ASSOCIATED WITH CRYPTO

Three fintech companies, Moniepoint, Paga, and Palmpay, liaise with the Nigerian government and CBN to freeze their users' accounts associated with crypto.  The Nigerian National...

UK DEPORT MIGRANTS TO RWANDA

On Tuesday, April 30, 2024, the UK government announced the return of unspecified first migrants to Rwanda in July due to its new controversial...

FG PLANS TO INSTALL CCTV TO CURB LAGOS ILLEGAL SAND MINER

The Minister of Works, David Umahi, after inspecting the three major bridges in Lagos—the Iddo, Carter, and Third Mainland bridges—said the federal government of...

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