Business & Economy

Explainer: Is CBN’s cybersecurity levy 0.5% or 0.005%?

On May 6, 2024, the Central Bank of Nigeria (CBN) issued a directive for banks and other financial institutions to start deducting a cybersecurity...

Why Nigerian fintech firms are facing regulatory issues – AFN president

President of the Africa Fintech Network (AFN), Dr. Segun Aina, has said that some of the regulatory issues facing fintechs in Nigeria are due...

US to deploy cybercrime advisor in Nigeria to combat fraud scams, sextortion

The United States has announced that it plans to deploy a cybercrime advisor in Nigeria.   The advisor is poised to facilitate cooperation between the two...

EXCLUSIVE: NGX Group downsizes, 25 staff members affected

The Nigerian Exchange Group (NGX) conducted a significant downsizing shortly after its annual general meeting in Lagos, officially terminating 25 employees, contrary to earlier...

Google faces scrutiny over ads as US trial nears wrap-up 

Google is facing scrutiny over advertising practices amid an antitrust trial by a United States court.   Judge Amit Mehta presided over the final stages of...

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