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His Excellency, Peter Obi has cautioned FG on move to introduce Cyber security levy . Described it as taxing people’s business capital rather than their profits He said: The introduction of yet another tax, in the form of Cybersecurity Levy, on Nigerians who are already suffering severe economic distress is further proof that the government
The Central Bank of Nigeria, CBN has directed banks to stop charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024, signed by its Director of Banking Supervision, Adetona Adedeji. Customers of some of the Deposit Money Banks raised concerns that the banks have begun
Nigeria may reinstate a previously suspended telecom tax and other fiscal measures as it seeks to secure a new $750 million loan from the World Bank. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms (ARMOR) P-For-R (P177308) program dated March 2024, between Nigeria and the World Bank. A copy of
Most Nigerians woke to another sad news of Cybersecurity Levy On Transactions. This present News by Tinubu’s government really raises some eyebrows and more people are waking up to the reality already. Did you understand well the meaning of Banks To Charge Nigerians For Cybersecurity Levy On Transactions? 🇳🇬CYBERSECURITY LEVY On eligible electronic transfers of…
Amid the ongoing hardship ravaging Nigeria, deposit money banks in the country will now start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by Central Bank of Nigeria (CBN) to all commercial, merchant, non-interest and payment service banks as well as mobile money operators and payment service
Sometimes, the world seems to forget about men… It’s almost as if most men are struggling just to survive but women “kwechili” (hold still). This morning, we want to talk to men and hopefully, some may begin to understand that men are endangered species.. Where are those flowers 💐… Bring ’em on… Let’s give’ em
Arab sources are reporting an assassination attempt against Saudi Crown Prince Mohammed bin Salman. However, this has been debunked as totally unfounded and false alarm. It was reported that An explosion occurred while a Royal Guard convoy was passing by in Riyadh, the capital of Saudi Arabia. More details later…. A totally baseless claim about
His Excellency, Peter Obi has given his opinion on the recent unfortunate deportation of Osun indigenes on lagos by Sanwo-Olu. He wrote below from the UK : “I am deeply saddened and shocked by the recent reports of the deportation of citizens mostly of Osun State origin by Lagos State authorities. This is not merely a
Today, on May 6, 2024, Mr. @PeterObi addressed a joint session between Anglia Ruskin University and Cambridge University students, delving into the profound role African leaders must embrace in nurturing global citizenship and social responsibility. He highlighted the interconnectedness of nations in today’s tightly woven world, emphasizing how actions taken by one nation can reverberate
The Ikeja Electric in Lagos says it has obtained approval from the Nigerian Electricity Regulatory Commission NERC to add nineteen additional band A feeders to it’s network, just as the company also announced a slash in its tarrif for band A customers from 225kwh to 206.80kwh. In a Press Statement released Monday on it’s verified