LIST OF REASONS

The recent liberation of 386 souls, predominantly women and children, from the clutches of captivity in the forbidding expanse of Sambisa forest, stands as a beacon of hope and valor in Nigeria’s ongoing struggle against the scourge of terrorism. This noble endeavor, christened "Operation Desert Sanity 111," is a tale woven with threads of courage, strategy, and compassion, reflecting the gallant spirit of the Nigerian Army. In the twilight of despair, where shadows of ten years of captivity loomed large, the dawning of freedom brought forth by this rescue mission is nothing short of miraculous. Brigadier General AGL Haruna, the acting General Officer Commanding the 7th Division, heralded this triumph amidst the whispering winds of Konduga's outskirts, as he welcomed the victorious troops returning from their ten-day odyssey of bravery. The operation, a grand symphony of military might and meticulous planning, saw the harmonious collaboration of the 21 Special Armoured Br...

The retraction by the Central Bank of Nigeria (CBN) of its directive for banks and payment service providers to collect and remit the cybersecurity levy marks a significant shift in regulatory strategy. This development, articulated in a revised circular dated May 17, 2024, was disseminated to key financial institutions, including commercial banks, payment service providers (PSPs), and non-interest banks. The initial directive, rooted in the Cybercrime Prevention and Prohibition Amendment Act of 2024, mandated financial entities to facilitate the collection and remittance of a national cybersecurity levy. This levy aimed to bolster the nation's cybersecurity infrastructure and defenses. However, the directive faced considerable opposition across the nation, prompting a swift response from the Presidency and the Federal Executive Council. Several factors can be inferred from this situation: 1. Public and Institutional Backlash: The retraction signifies the power of public and instit...