Category Archives: Economy

Naira Gained At Official Market Against The Dollar

Nigerian local currency has slightly by 0.24 per cent against the United States dollar on the spot market segment on Friday to close at N462.33 per $1. According to data published by FMDQ, where forex is traded officially, the domestic unit

NCC CSIRT Discovers Banking App

The Nigerian Communications Commission’s Computer Security Incident Response Team (CSIRT) has discovered a newly-hatched malicious software that steals users’ banking app login credentials on Android devices. According to a security advisory from the NCC CSIRT, the malicious software called “Xenomorph”,

COVID-19: FIRS Rakes In N4.1 Trillion In 2020

The Federal Inland Revenue Service (FIRS) on Friday said it generated N4,178 trillion in taxes from January to October 2020. A senior compliance official Ezra Zubairu said the target for the period was N4.23 trillion, indicating that the amount generated