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Trade Restrictions Policy to Protect Local Industries, Emefiele Tells Okonjo-Iweala

•WTO DG proposes remedies By Emma Okonji in Lagos and James Emejo The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that it was meant to protect local industries from unfavourable competition and to create jobs for Nigerians. He said with the country’s high unemployment rate, it was inevitable to create job opportunities and provide an enabling environment for the unemployed to live a gainful life. Besid...
Abuja Federal Capital Territory Friesland Campina Osita Nwanisobi Emma Okonji Ikechukwu Adinde James Emejo

BREAKING: CBN introduces new charges for USSD services

Punch Newspapers Sections Kayode Oyero The Central Bank of Nigeria has introduced new charges for customers using the Unstructured Supplementary Service Data services. The apex bank said effective Tuesday, customers will pay a flat fee of N6.98 per transaction every time they use USSD services. It said the new charges was part of the agreement reached when banks and telecommunication operators met on Monday to discuss the N42bn debt owed mobile operators by banks. This was contained in a statem...
Osita Nwanisobi Ikechukwu Adinde Kayode Oyero Isa Pantami Application Programme Interface Central Bank

Bank customers to pay ₦6.98 per USSD transaction

Share Commencing Tuesday, bank customers using the USSD application to send money will be charged a flat rate of ₦6.98 for every transaction. USSD is the acronym for Unstructured Supplementary Service Data. According to a joint statement issued on Tuesday by the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission, the decision to charge the amount was arrived at during a stakeholders’ meeting chaired by Minister of Communications and Digital Economy, Dr Isa Pantami, on ...
Nigeria General Abuja Federal Capital Territory Federal Capital Territory Isa Pantami Application Programme Interface Central Bank

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Quick Heal invests $2 m into Israeli startup - The Hindu BusinessLine

Quick Heal invests $2 m into Israeli startup January 14, 2021 Kailash Katkar, Managing Director and Chief Executive Officer, Quick Heal Technologies× L7 Defense focuses on API security Quick Heal Technologies, an IT security and data protection solutions provider, has announced an investment of $2 million in L7 Defense, an Israel-based cybersecurity startup. The startup specialises in Application Programme Interface (API) security and next-generation web application firewall (NG-WAF). Quick ...
Ray Pte Kailash Katkar Application Programme Interface Denial Of Services Ddo Quick Heal Technologies Quick Heal

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