President Bola Ahmed Tinubu asked the Central Bank of Nigeria (CBN) to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. Recall that CBN, on May 6, 2024, issued a circular mandating all banks, mobile money operators, and payment service providers to implement a new…
Former governor of Kogi State, Yahaya Bello on Friday, ultimately consented to present himself at the Federal High Court in Abuja for arraignment on June 13, regarding the corruption charges against him. This decision was conveyed by Bello’s chief counsel, Abdulwahab Mohammed, to Justice Emeka Nwite…
The Oyo state Independent National Electoral commission, OYSIEC, has presented certificates of return to the chairmen and vice chairmen-elect of the 33 local government councils in the state who emerged winners in the local government election conducted by the commission in April this year. The ceremony was…
Artificial intelligence (AI) is the technology that enables computers and machines to simulate human intelligence in a way that allows them to think, learn, solve problems and make decisions on their own. These computer systems use algorithms and existing data to analyze patterns and make predictions. Artificial…
Senate approves death penalty for hard drug dealers, importers The Senate has approved the death penalty as punishment for the importation of hard drugs into the country. This also applies to the manufacturing, trafficking, dealing in, or delivery of drugs by any means. The drugs specifically mentioned in a…
Oyo State Governor, Seyi Makinde has signed into law, Oyo State Project Monitoring Agency Bill 2024 into law. The bill was signed on Tuesday at the Governor’s office, Agodi, Secretariat, Ibadan. Governor Makinde, who announced that the agency will be headed by the Executive Assistant Project Monitoring, Engr. Open…
The House of Representatives has directed the Central Bank of Nigeria, CBN, to suspend the proposed implementation of the cybercrime levy of 0.5% on electronic transactions. Consequently, the House directed the CBN to withdraw the ambiguous circular in existence and issue an unequivocal circular in line with the…
The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest recipients of ransom payments from kidnap victims. It also vowed that security agencies would go after PoS operators who fail to comply with the directive to register…
The Chairman, Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, has assured that two refineries- Port Harcourt and Warri would be fully operational by the end of 2024. Ubah said plans have already been put in place to achieve the target, stressing that the Kaduna Refinery would also be operational…
Oyo State House of Assembly has urged the Executive arm to conduct comprehensive investigation into the abscondment of some staffers of the State government across Ministries and Agencies. The house made the resolution following a motion presented by Hon. Babajide Adebayo at the floor of the house. This,…