FG begins deduction of N50 electronic levy from transactions made by users of Opay, Moniepoint, Others

The Federal Government has commenced deduction of N50 electronic levy from transactions made by users of Opay, Moniepoint, and other financial technology companies. A notification from Opay and Moniepoint during the weekend to customers confirmed the development. According to the FinTech banks, the levy collection is in line with the Federal Inland Revenue Service’s recent…

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Police charge 133 foreigners to court for cybercrime

The Nigeria Police have charged 133 foreign citizens to court for cybercrime offences in the country. The foreign nationals, according to Nigeria Police spokesman, Olumuyiwa Adejobi, were arrested in Jahi, a suburb in the Federal Capital Territory on November 3. In a statement on Monday, Adejobi disclosed that the operation was carried out by Nigeria…

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CBN to launch new website today

The Central Bank of Nigeria has announced that it will officially launch its redesigned website today, December 2, 2024. In a statement signed on Sunday by the acting Director of Corporate Communications, Sidi Ali, the bank said the new website will become operational today. The statement reads, “The bank has developed a contemporary Web API…

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Fire guts popular market in Abuja

A fire broke out early Monday morning, devastating the market at Trademore Estate, a popular neighborhood of the Umar Musa Yar’Adua/Airport Road in Abuja. It was reported that the cause of the fire remains unclear, but a resident identified as Joe reported being alerted to the incident around 4 a.m. “We are not certain about…

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NDLEA arrests Brazil-bound bizman smuggling cocaine in stomach

The National Drug Law Enforcement Agency has arrested a 59-year-old Nigerian businessman, Sylva Ezeokoli, for allegedly smuggling 700 grams of cocaine concealed in his stomach. Ezeokoli was apprehended on Friday at the E-Arrival hall of the Murtala Muhammed International Airport, Ikeja, Lagos. He had returned aboard an Ethiopian Airlines flight from São Paulo, Brazil, via…

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