CBN Pegs Fresh Cybercrime Levy at 0.005%  The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal year. This levy, which has sparked debate among...

NLC Blames FG Policy for NNPC, Dangote Price Disagreements The President of the Nigeria Labour Congress, Joe Ajearo, has attributed the current uproar between the Nigeria National Petroleum Company Limited and the Dangote Petroleum Refinery to alleged government policy somersault and fraudulent moves by some...

Pension Assets Hit N20.79tn in July – PenCom The Acting Director-General of the National Pension Commission, Omolola Oloworaran, has disclosed that the pension fund assets under the Contributory Pension Scheme have risen to N20.79tn as of July 2024. She stated this at the Quarterly Consultative Forum...

FG Unveils New Technology for Stable Power Supply The Federal Government has unveiled an Advanced Supervisory Control and Data Acquisition system for managing the national power grid. According to the government, this new technology promises to enhance the efficiency, reliability, and sustainability of the country’s power...

FG to Private Employers: Adhere to N70,000 Minimum Wage or Risk Jail  The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would not be tolerated. According to the FG, the new minimum...

The National Sugar Development Council (NSDC) has commenced discussion with the Abuja Chamber of Commerce and Industry (ACCI) to seek potential collaborations that can add value to the Council’s search for serious investments into the sugar subsector.