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Spending Central Bank of Nigeria’s N1.5 Trillion from Cybersecurity Levy
In 2023, Nigeria's electronic payment transactions reached an all-time high of N600 trillion, a 55% increase from 2022's N387 trillion. This was reported by...
A Closer Look at Central Bank of Nigeria’s New Cybersecurity Levy
The Central Bank of Nigeria (CBN) has recently implemented a new directive that mandates a 0.5% cybersecurity levy on most electronic transactions. This move...
What does the Future of Blockchain Tokenization Hodl?
Tokenization, the process of converting rights to an asset into a digital token on a blockchain, is poised to revolutionize the financial industry. As...
Microsoft Uninstalls Nigeria as it closes African Development Centre (ADC) in Lagos
Many years ago while in FUTO, we created an amazing campus radio station which covered the whole university. We were engineering students, and the...
Nigeria to reintroduce telecom tax to meet $750m World Bank loan requirement
In a bid to secure a new $750 million loan from the World Bank, Nigeria is reportedly contemplating reinstating previously suspended fiscal measures, including telecom...