Tapwap: Again, the tap-2-earn app, postpones token allocation
A popular tap-2-earn app, Tapswap, powered by TON Blockchain, has said the token allocation to users has been postponed to quarter three of the year. The app, which required users…
Chinese Investor takes over Nigerian Govt Properties In UK
Two Nigerian properties located in the United Kingdom are on the verge of being taken over by a Chinese investor following an order granting the investor the right to enforce…
Nigeria set to gain from new maritime territory
The newly approved 16,300 square kilometres of maritime territory has immense potential for the economy, experts have said. They highlighted opportunities for oil and gas exploration, improved maritime security and…
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…
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…
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…
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.…
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…
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…
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,…
