The complexity in interpreting and applying specific provisions of the Cybercrime Act 2015 stifled national cybersecurity efforts in the face of well-organised cyber syndicates and well-funded terror adversaries.

The Central Bank of Nigeria (CBN) has exempted 16 items from 0.5 percent Cybersecurity levy on all electronic transactions.

NDIC Increases Maximum Deposit Insurance Coverage From N500k to N5m   The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage levels for Deposit Money Banks from N500,000 to N5 million. The Managing Director of NDIC, Bello Hassan, announced this in Abuja at a...

Kano: Soaring Land Prices in Hotoro Area Attributed to Maryam Abacha American University   Land agents in Hotoro GRA have observed a significant increase in land prices due to the presence of the Maryam Abacha American University of Nigeria, situated at Kwanar Maggi in the area. According...

Outgoing Nigerian Governor Raises Minimum Wage to N70,000   Governor Godwin Obaseki of Edo on Monday announced a new minimum wage for civil servants in the state. The Governor who disclosed this on Monday at the commissioning of Labour House, announced that the new wage would take...

Nigeria Poised to Industrialize Through Renewable Energy, Asserts Rep. Onuigbo   Former Member of the House of Representatives and sponsor of Nigeria’s Climate Change Act, Rep. Sam Onuigbo, has declared that renewable energy is the key to Nigeria's full industrialization. During his participation in the 14th International...