Tag: cybersecurity levy

What might seem like minor deductions, when accumulated, create a significant burden often unaccounted for by consumers.

The CBN stated that the previous directive had been withdrawn.

So, I can tell you that the cybersecurity levy has been put on hold. It is being reviewed by the ...

Central Bank of Nigeria (CBN) President Tinubu has directed that the implementation of the Cybersecurity Levy should be suspended. This ...

Amidst the cost of living crisis exacerbated by rising inflation, the cybersecurity levy is mistimed

“The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution. ...

The CBN directed all banks to charge a 0.5 per cent cybersecurity levy on all electronic transactions within the country

The levy shall be applied at the point of electronic transfer origination, then deducted and remitted by the financial institution.