President Tinubu has instructed the Central Bank of Nigeria (CBN) to postpone the introduction of the cybersecurity levy. According to sources, the President expressed sensitivity towards the concerns of Nigerians, stating that he does not want to proceed with implementing a policy that adds to the burden of the people. The decision comes as a…
In a crackdown on cybercrime, the Economic and Financial Crimes Commission (EFCC) made a resounding statement with the arrest of 39 suspected internet fraudsters in Benin City. The operation, conducted by operatives of the Benin Zonal Command, unfolded on Wednesday, May 8, 2024, across various locations within the city. This decisive action underscores the EFCC’s…
The picturesque landscapes of Rivers State, Nigeria, are marred by a tumultuous political storm, as the region grapples with a power struggle that threatens to plunge it into chaos. Despite concerted efforts by key stakeholders, including President Bola Tinubu, to mediate and restore order, the situation continues to escalate, casting a shadow over the state’s…
The simmering conflict between Governor Obaseki and Oba Ewuare II, the revered monarch of Benin, has once again cast a spotlight on the perennial discord between state leaders and traditional rulers across Nigeria. While the precise catalyst for the current standoff remains shrouded in ambiguity, conjectures abound regarding its origins. One prevailing narrative suggests Governor…
The legal representative of former Kogi State Governor Yahaya Bello, Abdulwahab Mohammed (SAN), has vowed to ensure his client’s appearance in court on June 13. This commitment comes as Yahaya Bello faces the formidable challenge of addressing the alleged N80.2 billion fraud charges leveled against him by the Economic and Financial Crimes Commission (EFCC). Abdulwahab…
The Economic and Financial Crimes Commission (EFCC) took a decisive step in its anti-corruption efforts by arraigning former Minister of Aviation, Hadi Abubakar Sirika, along with three others, before Justice S.C Oriji of the Federal Capital Territory (FCT) High Court. The arraignment, which took place on Thursday, May 9, 2024, marked a significant development in…
In a bid to revolutionize its agricultural sector, the Ekiti State Government has sealed a momentous deal with Cavista Holdings, a prominent Nigerian investment firm, to embark on a large-scale cassava farming project. The Memorandum of Understanding (MOU), valued at billions of naira, was formalized during the ongoing 2024 US-Africa Business Summit in Dallas, USA….
Minister of Defence, Muhammed Badaru Abubakar, shed light on the alarming nexus between the proliferation of small arms and the escalating incidents of oil theft, illegal crude oil refining, and kidnappings plaguing the volatile Niger Delta region. His remarks sparked concerns over the grave security challenges faced by the nation. The seminar, organized by the…
Minister of Power, Adebayo Adelabu, has staunchly defended the policy to roll back the recently implemented tariff increase for Band A consumers. Adebayo Adelabu highlighted the positive impact of the revised tariff on attracting both domestic and international investors to Nigeria’s energy industry, a crucial step in addressing the country’s long-standing power challenges. The minister,…
The recent directive by the Central Bank of Nigeria (CBN) to impose a 0.005 cybersecurity levy on electronic transactions has ignited a fierce debate across the nation. Advocates argue that it’s a crucial step towards combating the escalating threat of cybercrime, while skeptics raise concerns regarding the timing and transparency of the initiative. One of…
