cybersecurity levy

CBN Reintroduces Cybersecurity Levy

After it was rejected in May by Nigerians, the Central Bank of Nigeria (CBN) is to reintroduce the Cybersecurity Levy on electronic transactions....

Presidential intervention: CBN withdraws circular on cybersecurity levy

The Central Bank of Nigeria (CBN) has withdrawn its directive to banks and payment service providers to collect and remit the cybersecurity levy...

Reps ask CBN to suspend implementation of 0.5% cybercrime levy

The House of Representatives, during Thursday’s plenary session, has directed the Central Bank of Nigeria (CBN) to halt the implementation of the 0.5...

List of five charges Nigerians pay for electronic transactions

Following the latest directives from the Central Bank of Nigeria (CBN) authorizing banks operating in the country to start charging a cybersecurity levy...

CBN’s Cybersecurity Levy: 16 banking transactions exempted

The Apex Bank has released a list of the 16 banking transactions that are exempt in its directive to banks to start charging...

CBN directs banks to charge 0.5% cybersecurity levy on transactions

The Central Bank of Nigeria (CBN) has directed banks to implement a 0.5 percent cybersecurity levy on transactions by customers. In a statement,...