House of Reps withdraw motion for suspension of cybersecurity levy

The levy, set at 0.5% of all electronic transactions, was introduced by the Central Bank of Nigeria . The levy was met with immediate disapproval among many Nigerians. Manu Soro, who introduced the motion, argued that…

Speaker Tajudeen Abbas, however, urged Soro to withdraw the motion to allow the leadership of the House to deliberate on how best to address the situation.Ajaero said such deductions directly affect the disposable income of workers and further diminish the purchasing power of common citizens.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Jos Electricity Distribution says it has concluded arrangements for the conduct of customer enumeration exercises in its franchise areas. This is contained in a statement by the Spokesman of the company, Dr Adakole Elijah, on Wednesday in Gombe. He said the exercise billed to commence soon would cover Bauchi and Gombe States, respectively. According…

The Central Bank of Nigeria has extended the suspension of processing fees on deposits within some thresholds. This is according to a statement by Adetona Adedeji, acting director of the Banking Supervision Department, on Wednesday in Abuja. Adedeji said that the suspension of two per cent and three per cent previously charged on cash…

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