financial institutions Archives

CBN Withdraws Directive on Cybersecurity Levy

The Central Bank of Nigeria (CBN) has issued a directive to banks and payment service providers as it withdraws the cybersecurity levy, as outlined in the Cybercrime Prevention and Prohibition Amendment Act...

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Withdraw Cybersecurity Levy Directive- Rep to CBN

The House of Representatives has called upon the Central Bank of Nigeria (CBN) to withdraw its directive implementing a 0.5 per cent cybersecurity levy on electronic transactions nationwide. The appeal for a...

Peter Obi Condemns Cybersecurity Levy Implementation

Former Labour Party (LP) presidential candidate, Peter Obi, has expressed strong opposition to the Federal Government’s move to enforce a 0.5 percent cybersecurity levy. This criticism comes in the wake of the...

CBN Mandates 0.5% Levy for Cybersecurity on Online Transaction

In an effort to enhance cybersecurity protocols, the Central Bank of Nigeria (CBN) mandates banks and mobile money operators to implement a 0.5% levy on electronic transactions. This directive, outlined in a...

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Tag: financial institutions

CBN Withdraws Directive on Cybersecurity Levy

Withdraw Cybersecurity Levy Directive- Rep to CBN

Peter Obi Condemns Cybersecurity Levy Implementation

CBN Mandates 0.5% Levy for Cybersecurity on Online Transaction

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