•Tinubu and Trump US President Donald Trump has officially imposed a new 15% import tariff on Nigeria and some other African countries, including Zimbabwe, Zambia, Uganda, Mozambique, Mauritius, Ghana, Malawi, Lesotho, and Madagascar. This development was announced in an Executive Order issued by the White House yesterday, titled “Further modi...
•China’s President Xi Jinping and US President Donald Trump China said today it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world’s two biggest economies. US President Donald Trump on Saturday announced sweeping measures against major trade partners Canada a...
•POS machine The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million. This was revealed in its ‘Circular on Cash-Out Limits for Agent Banking Transactions,’ released yesterday. According to the circular, the development is in the apex bank’s effort to advance a cashless economy....
The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by customers of Fintech companies, including Opay, Moniepoint, and others. In a notice to its customers yesterday, the online payment platform stated that the charges in line with the Federal Inland Revenu...
•Ademola Adeleke Osun State governor, Ademola Adeleke, has reimposed the 6 pm to 6 am curfew on Ilobu and Ifon communities, following renewed hostilities involving the towns. The governor announced the decision in a statement signed by the state Commissioner for Information and Public Enlightenment, Kolapo Alimi, obtained in Osogbo today, repo...
•FCCPC boss, Babatunde Irukera The Federal Competition and Consumer Protection Commission (FCCPC) has imposed $110 million fine on British American Tobacco Nigeria Limited and other affiliated companies. A statement issued today by the management of the FCCPC led by Barr. Babatunde Irukera, said the fine was prompted by a range of infringement...
•Mike Ozekhome The Supreme Court has imposed a fine of N40 million on Mike Ozekhome SAN, for filing a frivolous, vexatious, and irritating motion before the court in respect of Imo State governorship in 2019. The Supreme Court today, Tuesday, December 5, dismissed an application by Emeka Ihedioha of the Peoples Democratic Party (PDP) seeking [...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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