CBN Set to Re-introduce Cybersecurity Levy on Electronic Transactions

The Central Bank of Nigeria (CBN) has announced plans to reintroduce and enforce the payment of the Cybersecurity Levy on electronic transactions across the country. This was outlined in the CBN’s Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024-2025, released on Tuesday. According to the document, the levy, which was initially … Read more

Meta Bans Russian State Media From Global Platforms Over Foreign Interference

Meta announced late Monday that it is banning Russian state media outlets from its global platforms due to concerns over “foreign interference activity.” The decision follows allegations from the United States that RT and its employees funneled $10 million through shell companies to secretly fund influence campaigns on social media platforms such as TikTok, Instagram, … Read more

BREAKING: NCC Sets September 14 as Final Deadline for SIM-NIN Linkage

The Nigerian Communications Commission (NCC) has set September 14 as the final deadline for Nigerians to link their Subscriber Identification Modules (SIMs) with National Identity Numbers (NINs). According to the NCC, a total of 153 million SIMs have now been linked to NINs, reflecting a significant compliance rate of 96 percent, up from 69.7 percent … Read more