Business Archives

BUA Cement to fund N120bn Lokoja-Benin road reconstruction

The Federal Executive Council has given the green light for the equalisation of the Okpella section of the Lokoja-Benin road and other projects totalling N120 billion. The funding for these…

Gong May 15, 2024

Business News Nigeria

CAC registration: Police to go after illegal PoS operators

The Federal Government has said mandatory registration of Point-of-Sales operators (PoS) nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed…

Gong May 9, 2024

Business News Nigeria

The purpose of Cybersecurity levy

The Presidency yesterday said the cybersecurity levy was introduced to tackle cybercrimes and terrorism. It said the nation lost over N273billion (approximately $762million) to cybercrime alone in 2022. It also…

Gong May 9, 2024

Business News Nigeria

SERAP gives FG 48-hr ultimatum to reverse CBN’s 0.5% cybersecurity levy

The Socio-Economic Rights and Accountability Project has issued a warning to the Federal Government to reverse the 0.5 per cent cybersecurity levy imposed by the Central Bank of Nigeria.…

Gong May 7, 2024

Business News Nigeria

FG set to ban naira from all crypto trading platforms

The Federal Government, through the Securities and Exchange Commission, is set to delist the naira from all peer-to-peer crypto platforms as the government steps up efforts to tackle exchange rate…

Gong May 7, 2024

Business News Nigeria

List of those exempted from CBN’s 0.5% cybersecurity levy

The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday, May 6…

Gong May 7, 2024

Cardoso named Central Bank Governor of the Year in Africa, gong_news.com

Business News Nigeria

BREAKING: Banks to charge Nigerians for cybersecurity on every transaction

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,…

Gong May 7, 2024

Business News Nigeria

Customers in state of panic as CBN bans Opay, Palmpay, others’ new accounts

Some bank customers have expressed panic as the Central Bank of Nigeria (CBN) bans mobile money operators including fintech firms from onboarding new customers. However, the Bank Customers Association of…

Gong April 30, 2024

Aviation Business News

FAAN reopens Lagos airport runway after Dana Air incident

The Federal Airports Authority of Nigeria has announced the reopening of Runway 18L/36R at Murtala Muhammed Airport in Lagos, following a temporary closure caused by a Dana Air plane skidding…

Gong April 24, 2024

Business News Nigeria

Binance chief, others charged with money laundering

The Federal High Court in Abuja has scheduled the arraignment of Binance Holdings Limited and two of its officials – Tigran Gambaryan and Nadeem Anjarwalla – for tomorrow. The firm,…

Gong April 3, 2024

Why Nnamdi Kanu’s circumstances differ from Nicholas Maduro’s – Aloy Ejimakor

US involvement in Venezuela could last years – Trump

Venezuelan govt begins release of political prisoners amid US pressure

Chimamanda Adichie loses son

BUA Cement to fund N120bn Lokoja-Benin road reconstruction

CAC registration: Police to go after illegal PoS operators

The purpose of Cybersecurity levy

SERAP gives FG 48-hr ultimatum to reverse CBN’s 0.5% cybersecurity levy

FG set to ban naira from all crypto trading platforms

List of those exempted from CBN’s 0.5% cybersecurity levy

BREAKING: Banks to charge Nigerians for cybersecurity on every transaction

Customers in state of panic as CBN bans Opay, Palmpay, others’ new accounts

FAAN reopens Lagos airport runway after Dana Air incident

Binance chief, others charged with money laundering

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