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Nigeria : CBN Withdraws Circular on Cybersecurity Levy
20 mai, par Toyibat AjoseThe Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit the cybersecurity levy as proposed in the Cybercrime Prevention and Prohibition Amendment Act of 2024. The apex bank announced this in a revised circular dated May (...) -
The Scourge of Rising Inflation
20 mai, par Dakuku PetersideAn increasing number of Nigerians are being driven into poverty, not by choice, but by the current political and economic climate, shaped by stringent macroeconomic policies. These policies, such as subsidy removal, devaluation of Naira, and increase in electricity tariff, have had unintended (...) -
Iranian President Ebrahim Raisi Killed in Helicopter Crash
20 mai, par Abdulateef AhmedPresident of Iran, Ebrahim Raisi, was killed in a helicopter crash in mountainous terrain near the Azerbaijan border, officials and state media said on Monday. The charred wreckage of the helicopter, which crashed on Sunday carrying Raisi and Foreign Minister Hossein Amirabdollahian, was found (...) -
SERAP Sues 36 Governors Over FAAC Allocations
19 mai, par Toyibat AjoseFCT Minister Nyesom Wike and 36 state governors have been sued “over their failure to account for the spending of trillions of FAAC allocations collected by their states and the FCT since 1999.” The Socio-Economic Rights and Accountability Project (SERAP) filed the lawsuit last Friday at the (...) -
Police Take Charge of Banex Plaza After Clash in Abuja
19 mai, par Toyibat AjoseSoldiers and members of the Nigeria Police Force have assumed control of the well-known Banex Plaza in the Wuse district of the nation’s capital following a brawl involving traders and soldiers. A trader, who requested anonymity, confirmed the incident, stating that the altercation began in (...)