Raknida, a Nigerian art-tech platform, has made a significant move by expanding into the US market, thanks to a substantial $100,000 grant from Arch Grants, a non-profit organization responsible for supporting startups, based in St. Louis, USA. During the startup competition which involved 574 applicants, Raknida stood out as the […]
Federal Government
The Federal Government has begun discussions with seven states to advance the implementation of Project 774, an initiative aimed at enhancing digital connectivity across Nigeria. Project 774, launched earlier this year, seeks to provide internet access to all 774 local government secretariats in the country. The Minister of Communications and […]
The National Identity Management Commission (NIMC) has confirmed that the Federal Government’s September 14 deadline for the mandatory linkage of the National Identification Number (NIN) with Subscriber Identity Modules (SIM) remains unchanged. In a statement released by Dr. Kayode Adegoke, NIMC’s Head of Corporate Communications, the commission assured Nigerians that […]
The Federal Government (FG) has announced the exemption of farmers, small businesses, and manufacturers from withholding tax as part of ongoing fiscal policy and tax reforms. This was revealed by Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, in a post on his X handle. […]
The Federal Government of Nigeria (FG), through the Nigeria Data Protection Commission (NDPC), has imposed fines totaling N400 million on four banks and three other companies for violations related to breaches of citizens’ data. This was announced by the National Commissioner of NDPC, Vincent Olatunji, during a presentation of the […]
The Nigerian Government has unveiled plans to partner with an American-based company to enhance cultural diplomacy and boost the economy through a new Global Cultural Digital Platform (GCDP). A statement by Caleb Nor, Media Unit, Office of the Executive Secretary/CEO says this initiative, aimed at promoting Nigeria’s rich cultural heritage […]
The Nigeria Labour Congress (NLC) strongly denounces the recent directive issued by the Central Bank of Nigeria (CBN) to impose a 0.005 percent Cybersecurity Levy on electronic transfers. This levy, set to be deducted at transaction origination, adds yet another burden to the already strained finances of hardworking Nigerians. The […]
The Central Bank of Nigeria (CBN) has instructed banks operating in the country to commence charging a cybersecurity levy on transactions, according to a circular issued on Monday. The implementation of this levy is set to begin two weeks from the date of the circular. The directive, applicable to all […]
The Federal Government has unveiled plans to convene 120 Nigerian researchers, startups, and AI stakeholders to establish a unified framework for Artificial Intelligence (AI) implementation across the country. Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, revealed this initiative in a statement posted on his X account. Scheduled for […]
The Federal Government has announced a significant increase in electricity tariffs, approved by the Nigeria Electricity Regulatory Commission (NERC). The new tariff, set at ₦225 per kilowatt-hour, marks a threefold increase from the previous rate of ₦66 for customers under the Band A category. Read Also: Federal Government Girls’ College (FGGC) […]
