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CBN Directs Banks To Comply With Cybercrime Act Provisions
The Central Bank of Nigeria (CBN) has mandated all banks to comply with the statutory provision for the collection and remittance of the 0.005% levy on all electronic transactions by the businesses specified in the second schedule of the Cybercrime (Prohibition, Prevention, etc.) Act The apex bank gave this directive today in a Circular BSD/DIR/GEN/LAB/11/006 […]
SEC Boss Urges Nigerians To Invest In Capital Market
The Acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, on Thursday advised Nigerians to take advantage of various financial products availed by the nation’s equity market and explore them for investment. Uduk, gave the advice in her welcome address delivered at the event by the commission’s Head of Investment Education […]
Nigeria Records 1.92% GDP Growth In Q4 2017
The National Bureau of Statistics (NBS) has reported that Nigeria’s Gross Domestic Product (GDP) grew in Q4 2017 by 1.92 percent (year-on-year) in real terms, maintaining its positive growth since the emergence of the economy from recession in the second quarter of the year. The Bureau noted that growth in the quarter under review, when […]