Withdraw 0.5% cybersecurity levy- House of Reps
Members of the House of Representatives have asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy According to the Green House, the CBN is to withdraw the initial circular, describing it as “ambiguous”, and “issue a more understandable one”. Honourable […]
Senate – Drug Traffickers to face death sentence
The Senate has approved the death sentence as penalty for drug traffickers in the country, as it passes through the third reading, the 2024 NDLEA Act (Amendment) Bill. The proposal was adopted today when the Senate dissolved into a clause-by-clause consideration of a report from Senator Tahir Munguno, Chairman of the Committees on Judiciary, Human […]
FG to sanction marketers hoarding PMS
As fuel queues subside across filling stations, the Federal Government says it will sanction marketers hoarding and diverting Premium Motor Spirit. The Nigerian Midstream and Downstream Petroleum Regulatory Authority said on Tuesday that its men were moving around the country to ensure the fuel loaded at the depots was not hoarded or diverted by any […]
Kenya declares Friday public holiday to mourn flood victims
The President of Kenya, William Ruto has declared Friday a public holiday to mourn the 238 people who have died due to ongoing flooding. The president on Wednesday said the day will be observed by national tree planting activities to help mitigate the effects of climate change. President Ruto also announced the reopening of schools […]
Champions League final: Borussia Dortmund defeat PSG
Borussia Dortmund are into the Champions League final after a 1-0 win over Paris Saint-Germain at the Parc des Princes on Tuesday, giving the Germans a 2-0 win on aggregate. Matt Hummels was the hero on the night as his 50th-minute header sealed the final berth. Dortmund will face either fellow German side Bayern Munich […]
CBN Issues July 7 Deadline For PoS Operators’ Registration with Corporate Affairs Corporation
The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation. This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji, today in Abuja. Speaking at the event, the CAC boss said the […]
Band “A “electricity tariff reduced to N206.80 per kWh
The Nigerian Electricity Regulatory Commission (NERC) has ordered the System Operator at the Transmission Company of Nigeria, to cap power supply to cross-border customers in Benin Republic, Niger, and Togo to six per cent. The directive to be in effect for six months subject to review, is outlined in a document which stipulates that power […]
Shettima cancels his flight to Dallas because of an aircraft issue
Vice-President Kashim Shettima who was scheduled to represent President Bola Tinubu at the 2024 US-Africa Business Summit in Dallas, Texas has aborted the trip following a technical fault with his aircraft. His media aide, Stanley Nkwocha, in a statement yesterday said the Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar, will now represent the President […]
UN RELIEF AGENCY IN GAZA SAYS IT IS NOT EVACUATING EASTERN RAFAH
The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) said it is “not evacuating” eastern Rafah after Israel’s military urged residents to leave parts of Gaza’s southernmost city. In a statement on Monday, UNRWA said it “will maintain presence in Rafah as long as possible and will continue providing lifesaving aid to people.” […]
Canelo Alvarez beats Jaime Munguia on points to defend titles
Saul ‘Canelo’ Alvarez beat fellow Mexican Jaime Munguia by a unanimous points decision to retain his WBA, WBC, WBO and IBF super-middleweight titles in Las Vegas. Munguia was dropped for the first time in his career in the fourth when he was caught by a right uppercut before Alvarez went on to win on points […]