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 follow-up on an earlier letter dated June 25, 2018, and October 5, 2018 on compliance […]
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 for purposes other than its intended legal tender functions. Naira abuse is considered a violation […]
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 cookies, I delved deeper and discovered that they are like web spies, monitoring our online […]
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