The Central Bank of Nigeria’s (CBN) directive limiting cash disbursement is causing ripples among Point of Sale (POS) agents in Lagos, many of whom are raising withdrawal fees to cope with the changes. The directive, issued on Tuesday, imposes a daily transaction limit of ₦1.2 million for each POS agent […]
Day: December 20, 2024
The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory oversight for the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission (LASERC). The announcement was made in a statement released on Thursday via X, formerly known as Twitter. This move aligns with […]
The Federal Government has launched a free Artificial Intelligence (AI) Academy aimed at equipping Nigerians with the skills necessary to thrive as digitalisation increasingly shapes industries and economies. This ambitious initiative, spearheaded by the Federal Ministry of Innovation, Science and Technology in collaboration with the Commonwealth Secretariat and Intel Corporation, […]