House of Reps Hit Pause on CBN’s Cybersecurity Levy

BusinessNewsNigeriaPoliticsHouse of Reps Hit Pause on CBN’s Cybersecurity Levy

By Ezinwanne Onwuka (Senior Reporter)May 10, 2024

The House of Representatives threw a wrench into the Central Bank of Nigeria’s, CBN, plans this week, directing the bank to suspend the implementation of a proposed 0.5% cybersecurity levy on electronic transactions. The move came after a motion by Honourable Kingsley Chinda, who raised concerns about the levy’s ambiguity. According to Chinda, the CBN’s circular outlining the levy was open to misinterpretation. He argued that the wording could lead to the levy being placed...

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Gunmen Storm Kogi University, Abduct Students 

EducationNewsNigeriaGunmen Storm Kogi University, Abduct Students 

By Ezinwanne Onwuka (Senior Reporter)May 10, 2024

Unease gripped the campus of the Confluence University of Science and Technology, CUSTEC, in Osara, Kogi State, on Thursday night, as gunmen stormed the institution and abducted a yet-to-be-determined number of students. According to an eyewitness account, the assailants believed to be bandits, arrived around 9:00 p.m. while students were engrossed in late-night studies for their upcoming semester examinations. The witness reported, “They came through the bush, entered three lecture halls, and started shooting into...

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Ministry of Defence Boosts Morale of Military with New Fighting Vehicles 

National SecurityNewsNigeriaMinistry of Defence Boosts Morale of Military with New Fighting Vehicles 

By Ezinwanne Onwuka (Senior Reporter)May 9, 2024

The Nigerian military received a boost in its fight against insecurity with the recent delivery of 20 improved Armoured Personnel Carriers, APCs, on Wednesday. General Christopher Musa, Chief of Defence Staff, CDS, received the new vehicles in a ceremony held in Abuja. The Permanent Secretary Ministry of Defence, Dr Ibrahim Kana, representing the Minister of Defence, Alhaji Mohammed Badaru, handed over the keys of the APCs to General Musa on Wednesday. These APCs are not...

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Nigerian Woman is First Black to Earn PhD in Robotics at University of Michigan

EducationNewsNigeriaNigerian Woman is First Black to Earn PhD in Robotics at University of Michigan

By Ezinwanne Onwuka (Senior Reporter)May 9, 2024

Nigerian-born Oluwami Dosunmu-Ogunbi has etched her name in history, becoming the first Black woman to receive a PhD in Robotics from the prestigious University of Michigan in the United States. Dosunmu-Ogunbi’s accomplishment was celebrated during the university’s College of Engineering convocation. The ceremony provided a platform for Dosunmu-Ogunbi to acknowledge the importance of the support system that propelled her to this achievement. She emphasised, “I do not stand here on my own two feet alone....

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Nigerian Army Pulls Out Of Okuama After Deadly Clash

NewsNigeriaNigerian Army Pulls Out Of Okuama After Deadly Clash

By Ezinwanne Onwuka (Senior Reporter)May 9, 2024

The Nigerian Army has completed its withdrawal from the troubled Okuama community in Ughelli South Local Government Area of Delta State. The pullout, announced on 8 May 2024, follows a tense standoff that began in March after the killing of 17 soldiers in the community. The soldiers were reportedly on a peacekeeping mission to quell communal violence between Okuama and neighboring Okoloba in Bomadi Local Government Area. However, they were ambushed and killed, sparking outrage...

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US Embassy Refutes Rumours of Military Base Construction in Nigeria

NewsNigeriaUS Embassy Refutes Rumours of Military Base Construction in Nigeria

By Ezinwanne Onwuka (Senior Reporter)May 9, 2024

The United States Embassy in Nigeria has flatly denied recent claims regarding alleged plans of the US government to establish a military base in the country. These allegations surfaced after some northern Nigerian leaders expressed concerns about the potential for a new defence pact with the US. According to the leaders, such a pact could pave the way for the redeployment of American troops previously stationed in the Sahel region. They warned that a foreign...

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REPORT: Bandits Displace 10,000, Kill 92 in Zamfara and Sokoto

Crime & SecurityNewsNigeriaREPORT: Bandits Displace 10,000, Kill 92 in Zamfara and Sokoto

By Ezinwanne Onwuka (Senior Reporter)May 9, 2024

A recent report by the International Rescue Committee, IRC, indicates a surge in violence in Nigeria’s northwestern states of Zamfara and Sokoto. Armed attacks by bandits have reportedly displaced at least 10,000 residents and claimed the lives of 92 people between March and April of this year. The IRC, an organisation providing humanitarian aid, expressed concern over the escalating conflict and its devastating impact on local communities. Many of those displaced are now living in...

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CBN Mandates 0.5% Cybersecurity Levy on Banks

BusinessNewsNigeriaCBN Mandates 0.5% Cybersecurity Levy on Banks

By Ezinwanne Onwuka (Senior Reporter)May 8, 2024

…Lists 16 Transactions Exempted from Charge Nigerian banks are set to implement a new levy on electronic transactions following a directive issued by the Central Bank of Nigeria, CBN, on Monday. This levy, amounting to 0.5% of the transaction value, is specifically designated for cybersecurity purposes. The CBN circular, addressed to all deposit money banks, non-interest banks, payment service banks, and other financial institutions, cites the recently enacted Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024....

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Nigerian Army Reports the Killing of Imo State IPOB/ESN Commander, Ojoto 

Crime & SecurityNewsNigeriaNigerian Army Reports the Killing of Imo State IPOB/ESN Commander, Ojoto 

By Ezinwanne Onwuka (Senior Reporter)May 8, 2024

…Simon Ekpa discredits the report Nigerian troops, in a joint operation with other security agencies, have successfully neutralised a prominent terrorist figure, Tochukwu alias Ojoto, alongside two other militants of the Indigenous People of Biafra’s, IPOB, Eastern Security Network, ESN. The operation unfolded on Tuesday within the Ihiteukwa area of Imo state, situated near the border with Anambra state. A statement issued by the Nigerian Army, NA, confirmed the details. According to the military, Ojoto,...

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Lawmaker Pushes for Foreign Mercenaries as Fight Against Terror Groups Intensifies

Crime & SecurityNewsNigeriaLawmaker Pushes for Foreign Mercenaries as Fight Against Terror Groups Intensifies

By Ezinwanne Onwuka (Senior Reporter)May 8, 2024

A Nigerian lawmaker has reignited the debate on foreign intervention in the fight against Boko Haram insurgency and banditry by urging the federal government to consider hiring foreign mercenaries. This proposal comes amid ongoing frustration over the continued violence by the terror groups. The lawmaker representing the Chibok/Domboa/Gwoza federal constituency of Borno State, Ahmed Jaha, made the suggestion on Tuesday following the killing of one Onumegbu Ifeanyi, a civil servant in Abia, by a naval...

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