Author: Tanko Lami
LAGOS, Nigeria (VOICE OF NAIJA) – The Lagos State Government has said its partnership with Niger State is to amplify the production of rice in the state. This was contained in the message outlined by the Special Adviser to the Governor on Agriculture, Dr. Oluwarotimi Fashola, on Tuesday. He said that the Rice Mill Initiative partnership with other states is aimed at sustaining the production and enhance productivity. Fashola, who addressed the audience whilst the state Commissioner for Agriculture, Ms. Abisola Olusanya, was presenting the report of the ministry in Ikeja to mark the first year of Gov Sanwo-Olu’s second…
LAGOS, Nigeria (VOICE OF NAIJA)-The Central Bank of Nigeria (CBN) has announced the suspension of processing fees on cash deposits until September 30, 2024. This decision, communicated through a memo dated May 6, 2024, and signed by the Director of Banking Supervision at CBN, Adetona Adedeji, extends the previous suspension stated in a letter dated December 11, 2023. READ ALSO: CBN Directs Banks To Charge 0.5% Cybersecurity Levy CBN said: “Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for Corporates…
LAGOS, Nigeria (VOICE OF NAIJA) – President Bola Ahmed Tinubu is set to inaugurate Funtana Inland Dry Port in Kaduna State. This, was disclose in a statement by the Assistant Director, Public Relations Unit of the Nigerian Shippers Council, Rebecca Adamu on Tuesday. Adamu said the federal government plans to open the third Inland Dry Port in the country in Kaduna. She added that the opening is scheduled for Thursday. Recall that Kaduna Inland Dry Port and Dala Inland Dry Port were launched in 2018 and 2023 as the first and second series in the country. READ ALSO: Tinubu To…
LAGOS, Nigeria (VOICE OF NAIJA) – The Chief Executive Officer of Binance, Richard Teng says the company is ready to address the tax evasion accused of with Nigeria’s Federal Inland Revenue Service (FIRS). Teng revealed that the company is ready to cooperate with the Nigeria law enforcement to resolve the crisis so that Tigran Gambaryan would return home “if we’re going to move forward.” The CEO disclosed in statement on Tuesday, that the method used by Nigerians government to detain its executives was ‘unjust’ and labelled it “dangerous precedent” for international businesses. He added that Gambaryan remains in detention for…
LAGOS, Nigeria (VOICE OF NAIJA) – Additional 531 candidates results has been released by The Joint Admissions and Matriculation Board (JAMB), totalling 1,842,897 results released so far. The Board also highlighted that 64,000 results are under screening due to examination misconduct. Public Communication Advisor of the Board, Dr Fabian Benjamin, disclosed this on Tuesday in Abuja. He said, “In the course of the exercise, other cases of examination misconduct were also established to make a tally of 92 from the 81 initially discovered.” He added that the attention of the Board had been drawn to some fallacious publications purporting that…
LAGOS, Nigeria (VOICE OF NAIJA) – The digital age has revolutionized business transactions, replacing paper-based methods with electronic payment gateways. However, the recent introduction of a cybersecurity levy on e-transactions by the Central Bank of Nigeria (CBN) has sparked controversy among Nigerians. In a circular issued on May 6, 2024, the CBN announced that the cybersecurity levy would be implemented for a two-week period starting from the mentioned day. This directive applies to all types of banks, including commercial, merchant, non-interest, and payment service banks. The move aims to enhance cybersecurity measures and protect against potential threats in the digital…
LAGOS, Nigeria (VOICE OF NAIJA) – The Director-General of the National Youth Service Corps (NYSC), Brigadier General Y.D Ahmed, has tasked Corps members to remain committed to promoting national unity and uphold the symbol of selfless ambassadors wherever they are posted. The DG made this call during the closing ceremony of the orientation exercise for the 2024 Batch A Stream 2 corps members at the NYSC Permanent Orientation Camp in Wamakko Local Government Area of Sokoto State. Ahmed, delivered his message through the NYSC Coordinator for Sokoto State, Alhaji Usman Yakubu Yaro. READ ALSO:Insecurity: We’ve Stopped Posting Corps Members To…
LAGOS, Nigeria (VOICE OF NAIJA) – The Central Bank of Nigeria (CBN), has issued a directive to all banks in the country to begin charging 0.5 per cent cybersecurity levy on electronic transactions. The apex bank mandated the levy remarks should be titled as ‘Cybersecurity Levy.’ The apex bank stated this in a circular signed by the Director, Payments System Management Department, Chibuzo Efobi; and the Director, Financial Policy and Regulation Department, Haruna Mustafa. It was noted in the circular that all commercial, merchant, non-interest, and payment service banks, among others; should enforce the implementation of the levy start two…
LAGOS, Nigeria (VOICE OF NAIJA) – Barely one week after the Federal Government introduced deduction of 0.375 per cent stamp duty charge on all mortgaged-backed loans, the Cardoso-led CBN team, has mandated all banks to commence 0.5 per cent charge of cybersecurity levy on transactions. This, was seen in a circular circulated by the apex bank on Monday. The circular explains that the execution of the stated fee should begin within two weeks from the date of announcement. Monday’s circular revealed that it was a follow-up on to an earlier one and letter dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and…
LAGOS, Nigeria (VOICE OF NAIJA) – The House of Representatives Committee on Student Loans, Scholarships and Higher Education Financing, has heaps praises on the exemplary leadership qualities of Zenith Bank Nigeria Plc founder, Jim Ovia, the recently appointed NELFUND Chairman. Recall that President Tinubu announced Ovia appointment as the Chairman of NELFUND on Friday, April 26, 2024. Voiceofnaija.ng had reported that the president had on April 3, 2024, re-enacted the student loan law to sync with his administration Renewed Hope Agenda and enable the sitting President to appoint the board and management of the Fund The congratulatory message to the…