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  2. Posts tagged: cybersecurity levy

FG suspends cybersecurity levy

The Federal Government has suspended the controversial cybersecurity levy on electronic banking transactions. Nigeria’s Minister of Information and National Orientation…

May 15, 2024
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Just In: Reps direct CBN to suspend cybersecurity levy

The House of Representatives Thursday asked the Central Bank of Nigeria to withdraw the circular directing all banks to commence…

May 9, 2024
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  • Just In: Reps direct CBN to suspend cybersecurity levy
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Cybersecurity levy to tackle crimes, terrorism—Presidency

The Presidency yesterday said the cybersecurity levy was introduced to tackle cybercrimes and terrorism. It said the nation lost over…

May 9, 2024
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‘Another burden on Nigerians’—NLC rejects CBN’s cybersecurity levy on transactions

The Nigeria Labour Congress (NLC) has rejected the directive by the Central Bank of Nigeria (CBN) for all financial institutions…

May 8, 2024
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CBN directs banks to charge 0.5% cybersecurity levy on transactions

The Central Bank of Nigeria on Monday directed banks to begin charging 0.5% cybersecurity levy on transactions. A circular released…

May 7, 2024
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