Nigeria’s Cybersecurity Levy: What It Means for Small Market Women and Their Businesses

The Nigeria cybersecurity levy of CBN to banks is a 0.5% levy on all electronic transactions, as mandated by the 2024 Cybercrime (Prohibition, Prevention, etc.) Amendment Act ¹ ² ³ ⁴ ⁵. The key points of this levy are as follows: In summary, the Nigeria cybersecurity levy of CBN to banks is a 0.5% levy on all electronic transactions to be deducted and remitted to the National Cybersecurity Fund (NCF). The levy aims to ensure dedicated and adequate funding to address the growing threats of cyber-attacks. However, there are exemptions and penalties for non-compliance. The implications of the Nigeria cybersecurity levy on small market women are: To mitigate these implications, it’s essential to consider the potential impacts on small market women and explore strategies to support their inclusion in the digital economy, such as: The implications of the Nigeria cybersecurity levy on small market women are: To mitigate these implications, it’s essential to consider the potential impacts on small market women and explore strategies to support their inclusion in the digital economy, such as:

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Tony Elumelu and 10 other billionaires who practice yoga daily

Anthony Onyemaechi Elumelu is a Nigerian economist, and philanthropist. He revealed via his Twitter handled @TonyOElumelu that “Yoga to start my day! 🧘🏽‍♂️” , he stated further that he “Get into my yoga flow” in video and photo shots where he is seen doing some yoga moves. He chairs Heirs Holdings, Transcorp, United Bank for Africa and is the founder of The Tony Elumelu Foundation. In 2020, Elumelu was named on Time’s list of the 100 most influential people in the world.  1.    Sergey Brin (Google)  The co-founding of Google and president of Alphabet Inc. is Sergey Brin On a thorough assessment the networth, it was found to be around US$50.6 billion, making him the thirteenth richest individual on earth. Sergey in practicing yoga push his body to the limits. He has attempted numerous sporting activities, including gymnastics, trapeze, skiing, swimming, and in-line skating. Apart from heart pumping sports, Brin is likewise keen on training yoga. While praising the importance of yoga to his mental and physical wellbeing, he stated that this enjoyable exercise maintains him concentrated and facilitates his hold normalcy in his life. 2.    Paul McCartney: Paul McCartney won global repute as a singer and bass guitarist in ‘The Beatles’. He is a songwriter, composer, and multi-instrumentalist. His estimated net worth is US. His estimated net worth is USHis estimated net worth is USHis estimated net worth is US$1.2 billion making him as one of the wealthiest musicians in the world..2 billion making him as one of.2 billion …

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Youth Alert: Psychologist Urges Avoidance of Drug Abuse

In a surprising and impactful turn of events, a seasoned psychologist has issued a stern warning to the youth, urging them to steer clear of drug abuse. The unexpected nature of the plea, coupled with its life-saving implications, has sent shockwaves through communities, prompting a critical reevaluation of lifestyle choices among the younger generation. Transitioning into the Urgency: A Startling Revelation Transitioning seamlessly into the core of the psychologist’s urgent message, the blog post explores the backdrop of rising concerns regarding youth wellness and the escalating issue of drug abuse. The tone remains surprised and captivated, reflecting the unexpected nature of the psychologist’s revelation. Youth Wellness at Risk: The Alarming Trends As the narrative unfolds, readers are guided through a detailed examination of the current landscape of youth wellness. Using compelling transition words, the blog post underscores the alarming trends associated with drug abuse and its potential impact on the mental health of the younger generation. Psychologist’s Proactive Advice: A Beacon of Hope Transitioning into the psychologist’s advice, the blog post provides a beacon of hope amidst the prevailing challenges. The surprised tone is sustained as readers absorb the proactive measures and insightful guidance offered by the psychologist. The advice becomes a focal point, emphasizing the importance of healthy lifestyle choices. Drug Abuse Prevention Strategies: A Call to Action In a seamless transition, the narrative delves into practical strategies for drug abuse prevention. The surprised tone intensifies as readers encounter actionable steps and life-saving tips for youths. The psychologist’s call …

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Tinubu’s Directive: Governors Unite for Nigeria’s Stability

Slug: tinubu-governors-unite-stability-directive In an unexpected turn of events, the renowned political leader Bola Tinubu has issued a surprising directive, calling on governors to unite for the stability of Nigeria. This shocking announcement has sent ripples through the political landscape, emphasizing the urgency of political stability in the country. Let’s delve into the details of Tinubu’s statement and the critical role he envisions for governors in this peace advocacy initiative. Transitioning into the Unexpected Directive In a recent address that left many in the political sphere surprised, Bola Tinubu, known for his strategic influence, made a statement that is set to reshape the narrative of political stability in Nigeria. The directive is not only unexpected but also comes at a crucial time when the nation faces various challenges that demand a united front. Tinubu’s Statement: A Call for Unity Tinubu’s statement, a call for unity among governors, underscores the gravity of the situation. The political stability urgency, as emphasized by the seasoned leader, is now at the forefront of national discourse. Transitioning from the usual political rhetoric, Tinubu’s unexpected move brings a refreshing focus on collaboration and collective responsibility. Governors’ Role in Ensuring Stability The directive places significant emphasis on the governors’ role in stability, highlighting their potential impact on shaping the future of the nation. As we navigate this surprising development, it becomes imperative to analyze the specific initiatives Tinubu envisions and the potential outcomes for Nigeria’s political landscape. Nigeria Peace Initiatives: A New Horizon Tinubu’s call for unity is …

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Home for the Holidays: FG Allows Expired Passports Return

Meta Description: Experience the surprise and joy as the Federal Government grants permission for Nigerians with expired passports to return home for the holidays. Dive into the details of this unexpected announcement, offering a unique holiday homecoming for Nigerian expatriates. Home for the Holidays: FG Allows Expired Passports Return In a surprising turn of events that has left Nigerian expatriates across the globe in a state of joyous disbelief, the Federal Government has officially announced its decision to allow citizens with expired passports to return home for the holidays. This unexpected move comes as a welcome relief for many who had faced uncertainty about their ability to partake in the much-anticipated Yuletide festivities. Transitioning from the typical bureaucratic norms surrounding passport validity, this announcement has introduced an unforeseen element of flexibility, catching many by surprise. The Federal Government’s decision to ease restrictions for Yuletide travel is set to create heartwarming stories of holiday homecoming and reunions. A Festive Twist: Expired Passports Granted Reprieve As the news of the Federal Government’s decision reverberated across social media platforms and community forums, a collective gasp of surprise and relief echoed among Nigerian expatriates. The festive twist in the form of allowing individuals with expired passports to return home has become a beacon of hope for those who were uncertain about their holiday plans. The reprieve granted to expired passports is not just a bureaucratic adjustment; it’s a festive miracle for those who had resigned themselves to spending the holidays away from their loved …

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First Lady’s Vision: Strengthening Women’s Safety in Nigeria

In an unexpected turn of events, Nigeria’s First Lady, Oluremi Tinubu, has embarked on a groundbreaking initiative aimed at fortifying the safety of women across the nation. The Women’s Protection Initiative, spearheaded by Mrs. Tinubu, has taken the country by surprise, bringing a renewed focus on the crucial issue of women’s safety. A Bold Advocacy for Women In a recent address, First Lady Oluremi Tinubu voiced her concerns about the challenges faced by women in Nigeria concerning their safety. Her surprising advocacy for women’s protection reflects a deep commitment to addressing the pressing issues that women encounter daily. Transitioning from her usual role as a public figure to an outspoken advocate, Mrs. Tinubu emphasized the need for a comprehensive Safety Advocacy program. The initiative’s primary goal is to empower women and create a secure environment that allows them to thrive without fear. Unveiling the Women’s Protection Initiative The Women’s Protection Initiative is a multifaceted approach to enhancing Nigeria Women’s Safety. It encompasses various aspects, including awareness campaigns, educational programs, and collaboration with law enforcement agencies. The initiative’s overarching theme is Empowering Women, providing them with the tools and knowledge needed to navigate their lives safely. First Lady Tinubu’s Vision Unveiled Mrs. Oluremi Tinubu’s Vision for this initiative is nothing short of revolutionary. She envisions a Nigeria where women can move freely, pursue their dreams, and contribute to the nation’s progress without compromising their safety. The unexpected nature of this vision has sparked widespread discussions and garnered significant attention from various …

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Oyebanji Presses for Justice in Ekiti Robbery

Introduction: In a surprising turn of events, the tranquility of Ekiti state was shattered by a daring bank robbery that has left residents and authorities on edge. The incident has drawn the attention of prominent figures, including Oyebanji, who is now pressing for justice in the face of escalating security concerns. The Ekiti Bank Robbery Unfolds: The unsuspecting town of Ekiti became the focal point of a brazen bank robbery, sending shockwaves throughout the community. The assailants struck with precision, leaving authorities scrambling to piece together the events of that fateful day. Eyewitnesses recall the harrowing moments when the tranquility of Ekiti was disrupted by the alarming sound of gunfire and the chaotic scenes that followed. Local police responded swiftly, but the perpetrators managed to evade capture, raising concerns about the effectiveness of current security measures. Oyebanji’s Urgent Call for Action: Amidst the aftermath of the Ekiti bank robbery, Oyebanji, a prominent figure in the region, has emerged as a vocal advocate for justice. Expressing deep concern for the safety of residents, Oyebanji has been relentless in pressing for a thorough investigation and the swift apprehension of the perpetrators. In an exclusive interview, Oyebanji emphasized the need for a comprehensive police response to address the growing security concerns in the wake of the robbery. The urgency of his call for action reflects the gravity of the situation and the collective sentiment of a community shaken by the recent events. Police Response and Investigation: In response to the pressing need for …

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Emefiele Granted N300 Million Bail by FCT High Court

In a recent development, the High Court of the Federal Capital Territory (FCT) in Maitama has granted bail to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The court, presided over by Justice Hamza Muazu, ruled on Wednesday, setting the bail amount at N300 million. Justice Muazu outlined the conditions, requiring Emefiele to produce two sureties with landed property in the Maitama District of the FCT. Notably, Emefiele was not present in court during the proceedings, having been remanded at Kuje Prison in the previous week. It’s worth mentioning that another FCT High Court had, just two weeks ago, ordered Emefiele’s release in a fundamental human rights suit he filed against the federal government. The current court session has been adjourned until November 28, 2023, marking the scheduled start of the trial.”

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Israel and Hamas Reach Truce, Freeing 50 Hostages.

Israel and Hamas announced a deal on Wednesday allowing at least 50 hostages and scores of Palestinian prisoners to be freed, while offering besieged Gaza residents a four-day truce after weeks of all-out war. In the first major diplomatic breakthrough in the war, Palestinian militants will release during a four-day truce 50 women and children kidnapped during their October 7 raids. After weeks of Qatar-brokered negotiations, Israeli Prime Minister Benjamin Netanyahu’s cabinet approved the truce accord Wednesday after a near-all-night meeting, in which he told ministers this was a “difficult decision but it’s a right decision”. The cabinet’s sign-off was one of the last stumbling blocks after what one US official described as five “extremely excruciating” weeks of talks. Hamas released a statement welcoming the “humanitarian truce” and said it would also see 150 Palestinians released from Israeli jails. “The resistance is committed to the truce as long as the occupation honours it,” a Hamas official told AFP. Hamas gunmen carried out on October 7 a cross-border attack, the worst in Israel’s history, that left around 1,200 people dead, most of them civilians, according to the Israeli government. Hamas and other Palestinian militant groups also took an estimated 240 Israelis and foreigners hostage, among them elderly people and young children. Israel declared war on Hamas, vowing to bring the hostages home and to destroy the militant group. It launched a major bombing campaign and ground offensive in Gaza, which, according to the Hamas government in the territory, has killed 14,100 …

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INEC Chairman: No Vote Count in Violent Polling Units, INEC’s Stance

The Independent National Electoral Commission (INEC) has made it clear that votes will not be counted in any polling unit where violence occurs during the upcoming governorship election in Bayelsa. This announcement was made by INEC Chairman, Prof. Mahmood Yakubu, during a stakeholders meeting in Yenagoa. Yakubu, represented by the INEC National Commissioner supervising Akwa-Ibom, Bayelsa, and Rivers, Mrs. May Agbamuche-Mbu, emphasized that INEC would deploy BIVAS (Biometric Voter Accreditation System) to all polling units for the election. He assured the stakeholders that INEC’s BIVAS system would bear the commission’s details and party names, and they had a record of the serial numbers of the BIVAS they were using. He stated, “Where there is violence, it will be zero; we will not return to that polling unit to conduct the election.” Yakubu also highlighted the recruitment and training of ad hoc staff, the distribution of non-sensitive materials, and ongoing voter education and sensitization. He added, “We have arranged the transportation of personnel and materials to ensure that the polling unit opens on schedule on election day. For more effective supervision of the process, we are deploying two National Commissioners and eight resident electoral commissioners to support our office in Bayelsa. I wish to assure you of our commitment to a free, fair, and credible election come Saturday.” The state commissioner of police, Mr. Tolani Alausa, affirmed that the police were fully prepared to ensure a peaceful election and that sufficient personnel would be deployed. He advised everyone to be law-abiding, …

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