BREAKING: FG Begins N50 Electronic Levy Deductions From Opay, Moniepoint, Others’ Users

The federal government has commenced N50 electronic levy deductions from transactions of N10,000 and above made by users of financial technology (Fintech) companies, including Opay, Moniepoint, Kuda, and others. The levy, called Electronic Money Transfer Levy (EMTL), introduced under the Finance Act 2020, places a singular and one-off levy of N50 on the recipient of…

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Lifting Petrol From Dangote Refinery ‘ll Moderate FX Pressure – CBN Governor, Cardoso

  The Governor of the Central Bank of Nigeria, Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Cardoso who said this on Tuesday in Abuja, while presenting a communique from the apex bank’s 297th Monetary Policy Committee meeting, said that it would also moderate transportation cost,…

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JUST-IN: Another Notorious Terr0rist Leader, Sani Wala Burki, Scores Of Fighters K¡lled In Joint Operation In Katsina

In another major victory against terrorism, Sani Wala Burki, a notorious terrorist leader responsible for terrorizing the Safana and Batsari Local Government Areas (LGAs) of Katsina State, has been barbecued. According to Zagazola Makanaki, a counterinsurgency reporter, Burki and several of his men were neutralized by security forces in a joint operation by local vigilantes…

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