Festus Osifo, the President of the Trade Union Congress of Nigeria (TUC), has rejected the cybersecurity levy (CSL) imposed on Nigerians by the federal government. 

The Nigeria Labour Congress (NLC) has described the planned cybersecurity levy introduced by the Central Bank of Nigeria (CBN) on all electronic transactions has been described as another burden on Nigerians.  

Dr. Dele Alake, the Minister of Solid Minerals Development, called for increased government funding and legislative support to overcome the challenges facing Nigeria’s mining sector during an investigative hearing by the Senate Committee on Solid Minerals.  

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) is blaming the country's current economic instability on the federal government’s failure to properly evaluate the nation’s assets before disposing of them. 

Crude oil has traded lower as a result of easing supply concerns, with Brent falling by 17 cents to close at $83.16 per barrel, and the US West Texas Intermediate (WTI) crude depreciating by 10 cents to finish at $78.38 a barrel on Tuesday.  

Mrs Abimbola Essien-Nelson, the Media Relations Manager of Shell Nigeria, revealed that the oil company has exclusively paid $1.09 billion in corporate taxes and royalties to the Nigerian Government in 2023.