May 10
Nigeria: Senate Panel Defends 0.5 Percent Cybercrime Levy
The Senate Committee on National Security and Intelligence said the levy is not meant to punish Nigerians but to protect the national security and the economy. Read more »
Nigeria: Watt a Mess - How the Power Sector Spent Billions to Generate Darkness
Why a government will opt to liberalise its key economic sector, jeopardise the security of the nation, and push its economy to the brink beats my imagination! Read more »
May 09
Nigeria: Ogun Agro-Cargo Airport to Become Hub for Aircraft Maintenance, Flight Training
The facility would ensure that aircraft in the country need not travel overseas for routine maintenance. Read more »
May 08
Nigeria: Court Jails 41 Internet Fraudsters
The convicts, upon arraignment, pleaded guilty to one-count charge separately filed against them. Read more »
Nigeria: Bill to Establish Part-Time Jobs for Unemployed Graduates Passes Second Reading At Senate
The bill intends to create part-time jobs for unemployed graduates with a view to allowing them acquire working experience and earn stipends during the period. Read more »
Nigeria: Binance CEO's Bribery Allegation - House of Reps Deny Ever Meeting
The CEO of Binance, Richard Teng, claimed on Tuesday that the House Committee on Financial Crimes demanded bribe from the representatives of the firm during a meeting at the… Read more »
Nigeria: Alake Seeks Senate Support for Exploration Funding
The Minister of Solid Minerals Development, Dele Alake, has solicited the support of the Senate for an increase in funding for the ministry to enhance its capacity to carry out… Read more »
Nigeria: CAC Directs POS Operators to Register Businesses
The action is supported by Section 863, Subsection 1 of the Companies and Allied Matters Act, CAMA 2020, as well as the 2013 CBN guidelines on agent banking Read more »
May 07
Nigeria: Order CBN to Stop 0.5% Charge On Electronic Banking Transactions, SERAP Urges Tinubu
The CBN said the directive was to comply with the amended Cybercrime Act. Read more »
Nigeria: Fuel Scarcity - NNPC Warns Against Panic Buying As Supply Improves
The company said it has over 1.5 billion litres of Premium Motor Spirit (PMS) in stock equivalent to over 30 days of sufficiency Read more »
Nigeria: Cement Price - Reps Issue Summons As Dangote, BUA, Others Shun Previous Invitation
The panel has given the cement producers 14 days to appear before it. Read more »
Nigeria: Akpabio Laments State of Nigeria's Mining Sector
Mr Akpabio said foreign miners benefit more from the nation's solid minerals than Nigerians. Read more »
Nigeria: Nigerians React to New 0.5% Cybersecurity Levy
"The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. The deducted amount shall be reflected in the… Read more »
Nigeria: Groups Blame Management Team for Lagos Water Crisis
...demand recall of disengaged staff Read more »
Nigeria: CBN Directs Banks to Charge 0.5% Cybersecurity Levy On Transactions
The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. Read more »
May 06
Nigeria: Illegal Sand Excavation Threatens Transmission Towers in Edo State - TCN
The company explained that the activities of excavators on this particular site have largely affected the integrity of Towers 15 and 16 at the Umelu community in Benin City. Read more »
Nigeria: Discos Announce Tariff Reduction for Band a Customers
The distribution companies said customers in Band A will now pay N206.80/kwh from N225/kwh. Read more »
Nigeria: Again, Atiku Faults Lagos-Calabar Coastal Highway Contract, Insists It Lacks Transparency
Atiku said President Tinubu 's son, Seyi, is a director on the board of CDK Integrated Industries, a subsidiary of the Chagoury Group, which manufactures ceramic tiles and sanitary… Read more »
Nigeria: A Coastal Highway of Misplaced Priority and Due Process Abuse
Premium Times believes that at a time in which the economy is bleeding profusely, there must be better areas to plough our little resources into. Read more »
May 03
Nigeria: Long Trail of Exiting Companies Threatens Nigerian Exchange's Drive to Grow Listings
MTN Nigeria's public shares sale, held in December 2021, remains the only IPO to be recorded by the NGX in the past five years. Read more »
April 30
Nigeria: Demand for Mining Marshals Shows Sector Support for Policy - Alake
Mr Alake revealed that processes for enacting legislations for the establishment of the Nigerian Solid Minerals Corporation are already underway in the National Assembly, through… Read more »
Nigeria: EFCC Arraigns Former Kwara Finance Commissioner for N1.22 Billion Fraud
The former Kwara State Commissioner for Finance is being tried alongside former Governor Abdulfatah over N1.22 billion money laundering charges. Read more »
Nigeria: Jnr Pope - Sound Engineer Precious Ofurum Buried in River State
Precious Ofurum, alongside Jnr Pope and three others, died on 10 April in a boat mishap. Read more »
May 01
Nigeria: Death Toll Rises to 17 in Enugu-Nsukka Lone Accident - FRSC
"The remaining surviving passenger, who had 64 per cent fire burn injury, is stable and responding to treatment." Read more »
Nigeria: Tinubu Salutes Nigerian Workers On May Day
President Tinubu assured Nigerian workers of his dedication to not only improving their welfare but also enhancing their working conditions and providing the necessary tools for… Read more »