On the 6th of May, 2024, the Central Bank of Nigeria (CBN) issued a circular requiring banks and other financial institutions to levy a cybersecurity fee on all electronic transactions to enhance the country’s cybersecurity defenses. The circular was a…
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WHAT IS NAIRA ABUSE? “Naira abuse” typically refers to the improper handling, mutilation, or defacement of the Nigerian currency, the Naira. This can include actions such as tearing, writing on, or otherwise damaging the currency, as well as using it…
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The Nigerian government, through the Central Bank of Nigeria (CBN), recently mandated the registration of Point of Sale (PoS) operators with the Corporate Affairs Commission (CAC) by July 7th, 2024. This initiative, endorsed by the Central Bank of Nigeria (CBN),…
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During a web search for a work project, I stumbled upon a website. However, a bothersome pop-up about cookies prevented me from proceeding further. Fearing the possibility of hackers, I declined the request. But then, more pop-ups appeared. Curious about…
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