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The House of Representatives faced criticism as it withdrew a motion to suspend the controversial cybersecurity levy, eliciting dismay from Nigerians. The levy, mandated by the Central Bank of Nigeria, imposes a 0.5% charge on electronic transactions, sparking widespread discontent due to...
A corps member stirred controversy after refusing to teach at his primary assignment and instead singing a Nigerian song by Asake to his students. The lyrics, "they should pay him his money, that's what is his business," sparked reactions across Nigeria.
Many expressed disappointment, while...
Nigeria
Factional Divide: Victor Jumbo, Ally of Governor Fubara, Elected as Speaker of Rivers Assembly Amid Tension
Victor Jumbo emerges as the factional speaker in the Rivers State House of Assembly, amid mounting political tensions. Witness the power struggle between factions aligned with Governor Siminalayi Fubara and Nyesom Wike, which continues to shape the state's political landscape.
In a recent turn...
The Central Bank of Nigeria (CBN) has recently unveiled a detailed roster of licensed Deposit Money Banks (DMBs) in Nigeria, providing valuable insights into the nation's banking sector. The list, organized by the types of licenses each institution holds, offers a comprehensive overview of...
Nigerian trailblazer Oluwami Dosunmu-Ogunbi shatters barriers as the first black woman to achieve a Ph.D. in Robotics at the University of Michigan. Her historic accomplishment highlights the importance of STEM education and inclusion, inspiring women worldwide
Oluwami Dosunmu-Ogunbi, a...
Former Aviation Minister Hadi Sirika, along with his daughter Fatima, faces trial over alleged abuse of office worth N2.7 billion. The charges, brought by Nigeria's EFCC, highlight efforts against corruption.
Former Aviation Minister Hadi Sirika is set to face trial alongside three others...
Explore the Central Bank of Nigeria's decision to extend the suspension of cash deposit fees amidst backlash over the cybersecurity levy. Learn how this impacts individuals and corporations, shaping financial strategies in Nigeria's evolving banking sector.
The Central Bank of Nigeria (CBN) has...
![Today's Naira Rate [08-05-2024]: Naira Depreciates Slightly to N1,450/$ Against Dollar](/data/attachments/203/203737-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Explore the economic turmoil in Nigeria's currency markets as the Naira struggles against a surging U.S. Dollar. Amidst regulatory interventions and Federal Reserve policy uncertainties, fluctuations in exchange rates prompt concerns over FX liquidity.
On Wednesday, the Naira experienced a...
Discover the latest rankings by the AD Scientific Index 2024, showcasing Nile University's top position and MAAUN's rise as the 2nd best private university in Northern Nigeria. Explore the implications for higher education and accolades for these institutions driving academic excellence in the...
In response to the CBN's cybersecurity levy, the Nigerian Labour Congress (NLC) vehemently opposes the directive, citing increased financial strain on citizens. NLC President Joe Ajaero calls for policy reversal, urging sustainable cybersecurity measures. The levy is criticized as another burden...
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