Business

Lagos-Calabar highway: Telcos worry over FG’s lack of consultation

Telecom companies are expressing worries about the Federal Government’s lack of consultation regarding environmental assessments as work progresses on the 700km Lagos-Calabar Coastal Highway. Despite ongoing demolitions in Lagos to speed up highway construction, telecom operators say they haven’t been consulted on potential risks or mitigation measures. The absence of …

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CBN Releases Full List of Exemptions from 0.5% Cybersecurity Levy

The Central Bank of Nigeria has instructed banks to implement a cybersecurity levy on transactions, with exemptions outlined in a recent circular. The levy, aimed at enhancing cybersecurity measures, will commence two weeks from the circular’s date. Commercial, merchant, non-interest, and payment service banks are among those directed to comply …

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