Day: May 7, 2024

More Pain As CBN Introduces New 0.5% Tax On Bank Transactions, Calls It Cybersecurity Levy

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Nigeria President Bola Tinubu (left) and CBN governor, Yemi Cardoso In addition to an already subdued Nigerian economy that has driven inflation to the zenith, the Central Bank of Nigeria (CBN) yet again directed banks in the country to implement a 0.5 per cent cybersecurity levy on electronic transfers. In a circular signed by Chibuzor Efobi, Director of Payments System Management, and Haruna Mustafa, Director of Financial Policy and Regulation, the apex bank disclosed that the implementation of the levy would start in two weeks time. The circular was directed…

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CBN Gives PoS Operators July 7 Deadline To Register With CAC

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The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC). This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer (CAC) Hussaini Magaji (SAN) in Abuja on Tuesday. Speaking at the event, the CAC boss said the two-month timeline to register their agents, merchants, and individuals with the commission, was “in line with legal requirements and the directives of the Central Bank of Nigeria”. “The measure aims at safeguarding…

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Troops Neturalise IPOB/ESN Commander, 3 Others In Imo Communities

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By Tony Adibe Troops of the Joint Task Force Operation ‘UDO KA’ said they have neturalized a commander and three members of the Indigenous People of Biafra (IPOB) and its militant wing, Eastern Security Network (ESN), in communities within Imo. The Spokesman for Joint Task Force Operation ‘UDO KA’, Lt.-Col. Jonah Unuakhalu said in a statement on Tuesday in Enugu that troops based on reliable Intelligence had on 6 May, 2024, stormed in their hide-outs in the communities. Unuakhalu noted that the troops conducted special clearance in the general area…

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Ohanaeze Purported Apology To Fulani Over January 15, 1966 Coup Was In Progress Before Now – Dr Nwezeigwe

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OHANEZE APOLOGY TO FULANI OVER JANUARY 15, 1966 COUP WAS ALREADY IN PROGRESS BEFORE NOW: Emmanuel Iwuanyanwu and Chiedozie Ogbonna are Incorrigible Liars and Inveterate Igbo Saboteurs Nwankwo T. Nwaezeigwe, PhD, DD Odogwu of Ibusa, Delta State President, International Coalition against Christian Genocide in Nigeria (ICAG-GEN) Email: Nwaezeigwe.genocideafrica@gmail.com Visit us at: https://icac-gen.org/ for more information and your donations in support of our struggles/ May 7, 2024 I listened with wrapped indignation to Emmanuel Iwuanyanwu’s 4 minutes, 57 seconds feeble voice clip washing his hands off in the manner of Pontius…

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Many Arrested As Gov. Mbah Launches Onslaught Against Uzo Uwani Assailants

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By NewsBits The Enugu State Governor Dr. Peter Mbah-led administration has launched a series of coordinated onslaughts against assailants and criminal elements, which reportedly led to security operatives arresting scores of suspects bearing  weapons in some of the forests in the area. NewsBits reports that this is in an attempt to ensure that the government flushed out remnants of criminal elements in the troubled Uzo Uwani Local Government Area and enhance the safety and security of the people. However, Governor Mbah, who warned against self-help by some community members, said…

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Community Service Sentences Will Deter Offenders From Committing Crimes – CAPIO

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By Tony Adibe The Carmelite Prisoners’ Interest Organisation (CAPIO) has said that community service sentences would deter offenders from committing crimes, reduce prolonged trial period and cost of maintaining inmates in the country. The Legal Officer of CAPIO, Mr Wilson Nneji, said this on Monday in  a presentation at a One-day Workshop for the Validation of the Draft Framework on Community Service Measures in Enugu State Justice System. Nneji, who made a presentation on “Understanding The Draft Framework: Overview of the Framework’s Purpose, Scope, Key Components and Principles Underlying the…

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EEDC Clarifies Falsehood, Misinformation On Its Operation In South-East

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By NewsBits The Enugu Electricity Distribution Company (EEDC) has clarified falsehood and put the record straight concerning misinformation on its operation and services offered to the people of the South-East. This is contained in a statement issued and signed by EEDC’s management on Tuesday in Enugu. The statement said that the attention of the EEDC had been drawn to a publication, which had been trending across the social media, loaded with false and unfounded information, all in a bid to smear the reputation of EEDC and pitch its esteemed customers…

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