FG to Telecoms: Tariff Hike Not a Viable Option
The Federal Government has faulted the proposal by telecommunications companies to raise their tariffs, emphasising that increasing data, voice and text message prices isn’t the “sole or optimal solution” to the sector’s challenges.
It also urged the...
Defer Cybersecurity Levy, NESG Urges CBN
The Nigerian Economic Summit Group (NESG) has called on the Central Bank of Nigeria (CBN) to defer the newly announced 0.5% cybersecurity levy on all electronic transactions value as specified in the Cybercrime Act.
NESG said this has become necessary...
Philantrophy Conference Advances Africa's Development
A conference aimed at advancing Africa's development through philanthropy efforts has been organized by stakeholders in the philanthropy sector. The Fifth African Philanthropy Conference, scheduled for July 29 to August 2, 2024, at the Elephant Hills Resort in Victoria Falls,...
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.
CBN Orders PoS Operators to Register With CAC, Gives Two Month Ultimatum
The Central Bank of Nigeria (CBN) has ordered all Point-of-Sale operators in the country to register their businesses with the Corporate Affairs Commission (CAC) in two months.
This was revealed after a meeting between...
