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President Tinubu orders suspension of cybersecurity levy implementation
President Bola Ahmed Tinubu has reportedly asked the Central Bank of Nigeria to suspend the implementation of the controversial cybersecurity levy policy amid rejection by Nigerians.
12/05/2024
My government set to make Nigeria solar panel, EV battery manufacturing hub- President Tinubu to lithium investors
President Bola Tinubu has commended the inauguration of Nigeria’s largest lithium processing plant in Lafia, Nasarawa State, hailing it as a clear indication of the country’s attractiveness for foreign investment.
11/05/2024
Nollywood actress Shan George recovers ₦3.6m stolen from her account
Veteran Nollywood actress, Shan George, has revealed that she has recovered ₦3.6 million that was stolen from her Zenith Bank account on May 3.
09/05/2024
Zenith Bank appoints three new Directors
The Board of Directors, Zenith Bank Plc, has announced the appointments of Mr. Adamu Lawani and Mr. Louis Odom as Executive Directors of the bank, Nairametrics reports Wednesday.
09/05/2024
ZENITH BANK SHAREHOLDERS REAP BUMPER HARVEST AS BANK PAYS DIVIDEND OF N125.59 BILLION
Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financial year to NGN4.00 per share, with a total value of NGN125.59 billion, which is the highest dividend payout by any bank.
09/05/2024
CBN directs banks to suspend charges on cash deposits for three months
The Central Bank of Nigeria (CBN) has directed banks to suspend charges on cash deposits until September 30, 2024.
08/05/2024
Economic Diversification: Senate commences investigative hearing on solid minerals development
The Senate has commenced a three-day investigative hearing on the input and output values of the Nigerian mining industry in light of its central role to economic diversification, foreign exchange earnings and social inclusion.
07/05/2024
CBN directs banks to charge 0.5% cybersecurity levy
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions.
07/05/2024
Ikeja Electric slashes electricity tariff for Band A customers
The Ikeja Electricity Distribution Company has reduced the electricity tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission (NERC).
Electricity Regulatory Commission orders 8.1% reduction on electrify tariff
Following a May 2024 Supplementary Order on Tariff Increase on Band A Feeders issued by the Nigerian Electricity Regulatory Commission (NERC), IKEJA Electric (IE) has announced a reduction in its Band A tariff from N225/KWh to N206.80/kWh.