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Customs and Pushing to Enhance Trade in Kano By Abdulsalam Mahmud

Customs and Pushing to Enhance Trade in Kano By Abdulsalam Mahmud Kano State is known as the "Centre of Commerce". After Lagos, Nigeria's former capital city, its population is the largest in the federation. Kano, like Lagos, is also an economic hub for many business outlets...

Cybersecurity Expert Endorses CBN’s Levy with Cautions

Cybersecurity Expert Endorses CBN's Levy with Cautions A renowned cybersecurity expert, Mr Segun Olugbile, has endorsed the cybersecurity levy introduced by the Central Bank of Nigeria (CBN) but with cautions. Speaking to PRNigeria, Olugbile, who is the president and co-founder of Global Network for Cybersolution (GNC),...

That NITDA-NIMC Partnership in Securing Online Transactions By Shuaib S. Agaka

That NITDA-NIMC Partnership in Securing Online Transactions By Shuaib S. Agaka The digital age has revolutionized financial transactions, making online payments an integral part of everyday commerce. However, this convenience has also exposed users to various cybersecurity threats, including identity theft, payment fraud, data breaches, and...

Naira Weakens Further, Exchanges N1,450/$ at Parallel Market

Naira Weakens Further, Exchanges N1,450/$ at Parallel Market The naira weakens further against dollar at the black market, also known as the parallel market on Thursday exchanging at ₦1,450 per USD. Recent data from Bureau De Change (BDC) reveals that buyers in the Lagos Parallel Market...

FG to Initiate Fresh Audit of N2.7tn Subsidy Debt against NNPCL’s Claim

FG to Initiate Fresh Audit of N2.7tn Subsidy Debt against NNPCL's Claim The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audit firm, KPMG had conducted an initial audit reducing the...

Airtel Incurs $1.7 billion FX Loss over Currency Fall in Nigeria, Malawi

Airtel Incurs $1.7 billion FX Loss over Currency Fall in Nigeria, Malawi Nigeria's second largest telecom company, Airtel Africa, has reported significant financial setbacks as a result of currency devaluations in several of its key markets, notably Nigeria and Malawi, resulting in a staggering $1.7...