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The House of Representatives has opted against proceeding with the proposal to suspend the cybersecurity levy. Naija News reported that CBN had issued a new directive to all financial institutions, including commercial, merchant, non-interest banks, payment service banks, and mobile money operators, mandating the implementation of a 0.5% cybersecurity levy on all electronic transactions. This move is […]
The post Reps Suspends Move To Stop CBN’s Cybersecurity Levy appeared first on Naija News.
President Bola Tinubu has backed the Central Bank of Nigeria (CBN) on the plan to increase the capital base of commercial banks in the country. Recall that the CBN Governor, Olayemi Cardoso, at the 58th Annual Bankers’ Dinner, said the apex bank will increase the capital base of the banks in the country. The apex […]
The post Tinubu Backs CBN On Increasing Banks’ Capital Base appeared first on Naija News.
The Justice ministry said while Emefiele had indicated interest in a deal, no arrangement has been reached.
The post ‘Completely False’: FG Denies Signing Plea Deal with Ex-CBN Governor Emefiele appeared first on Arise News.
Shonubi said that policies should be put in place to control and detect channels for illegal remittances.
The post CBN Attributes Naira Crash To Diversion of Diaspora Remittances To Parallel Market appeared first on Arise News.
The Lagos State Governor Babajide Sanwo-Olu had issued a directive to Lagosians concerning the old naira notes. The governor said the old naira note remains legal tender in Lagos State, hence residents should not reject it. The governor’s directive was contained in a statement issued by the Commissioner for Information and Strategy, Lagos State, Gbenga […]
This article was originally published on Naija News
The Supreme Court of Nigeria has restrained the Central Bank of Nigeria (CBN) and Federal Government from ending the
The saying “Cash is King” seems to be losing its validity in Nigeria. In the wake of the recent policy
Ethnic Youth Leaders in the country have called on the presidential candidate of the All Progressives Congress (APC), Asiwaju Bola
Four Senior Advocates of Nigeria (SANs), a former Attorney General of the Federation (AGF) and constitutional lawyers, have condemned alleged
The Civil Society Network for Good Governance has called on Nigerians to rally support for the Central Bank Of Nigeria