Category : Business



Nigerians to pay 0.5% cybersecurity levy on all electronic transactions

Adewale Ojo
From Monday, May 20, 2024, Nigerians will pay a cybersecurity levy for all electronic transactions, according to a directive from the Central Bank of Nigeria. The levy, which will be equivalent to 0.5% of the transaction, will be remitted to the National Cybersecurity Fund. Per the directive, mobile money operators,......

Oyebanji jets off to US for Africa Business Summit

Adewale Ojo
Ekiti State Governor, Mr Biodun Oyebanji departed the country on Sunday, May 5, 2024 on a working visit to the United States of America. According to the Governor’s itinerary, contained in a statement by his Special Adviser on Media, Mr Yinka Oyebode, on Sunday, Governor Oyebanji will be attending the......

IPMAN threatens closure of 30,000 filling stations

Adewale Ojo
Oil dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, declared that it would shut down the 30,000 stations operated by IPMAN members across the country if the Federal Government fails to pay the N200bn it owes marketers. IPMAN specifically said the Nigerian Midstream and......