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CAC Directs Banks To Enforce Directive On PoS Operators Registration

The Corporate Affairs Commission (CAC) has mandated the Central Bank of Nigeria (CBN) to enforce the order on compulsory registration of the Point of Sales (PoS) operators within the country.  Read More

 

Fresh Crisis Rocks Lagos-Calabar Coastal Highway As Reps Launch Probe Into Procurement Process

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The last has not been heard about the controversies surrounding the contentious Lagos-Calabar Coastal Highway project.  Read More

 

Cybersecurity Levy: Reps Urge CBN To Withdraw Ambiguous Circular, Issue Understandable One

Another dimension has been added to the contentious Cybersecurity Levy as members of the House of Representatives on Thursday asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to commence implementation of the 0.5 per cent cybersecurity levy, describing it as “ambiguous”.  Read More

 

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Rivers Theatre of The Absurd: Factional Speaker Emerges in The House of Assembly

The imbroglio in Rivers State rages on and a factional Speaker of The House of Assemby has emerged on Wednesday , a day after Governor Fubara declared that Rivers State has no House of Assembly, this is creating confusion and escalating the political crisis in the Oil rich state.  Read More

 

Eight “yahoo boys” Arrested by EFCC in A’Ibom State

The EFCC has arrested eight internet fraudsters locally called yahoo boys in Akwa Ibom state according to the Uyo Zonal Command of the anti crime body, the culprits will soon be charged to court.  Read More

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Electricity Tariff Hike:NLC To Besiege NERC, Discos’ Offices Nationwide On Monday Over

In response to the recent increase in electricity rates for Band A consumers, the National Labour Congress (NLC) has directed its members nationwide to picket the offices of the Nigerian Electricity Regulatory Commission (NERC) and the power distribution firms (DisCos) on Monday.  Read More

 

Sanwo-Olu Recovers N478.13 Million, 18 Properties From Real Estate Fraud

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Over the previous four years, the Lagos State Real Estate Regulatory Agency (LASRERA) reported that it had retrieved N478.13 million and 18 properties from dishonest real estate agents and given them back to their legitimate owners.  Read More

 

IMF Praises ‘Tinubunomics’, Commends FG For Tax Policies, Monetary Policies

The financial organization known as the International Monetary Fund (IMF) has praised President Bola Ahmed Tinubu’s government for its economic reforms, citing notable advancements in resolving Nigeria’s social and economic problems.  Read More

 

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NESG States Why Nigeria May Not Benefit From Local Refining Of Crude Oil

The Nigerian Economic Summit Group (NESG), has said that Nigeria would not gain from domestic crude oil refining in the country unless certain requirements are satisfied. These requirements include reduced reliance on imports, employment creation, and economic growth.  Read More

 

Dangote Is $5.2 billion Richer In 4 Years

Aliko Dangote, the richest man in Africa and president of Dangote Group, has seen a significant increase in his net worth over the last four years, rising by almost $5.1 billion.  Read More

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