The Central Bank of Nigeria (CBN) has issued a statement clarifying that it has not reinstated the cybersecurity levy that was previously suspended. This...
The Central Bank of Nigeria (CBN) has officially withdrawn its circular that mandated commercial banks, mobile money operators, and other financial institutions to implement the National...
President Bola Tinubu has intervened, directing the Central Bank of Nigeria (CBN) to halt the implementation of the contentious cybersecurity levy policy and initiate a review...
The House of Representatives has called on the Central Bank of Nigeria (CBN) to halt the implementation of the proposed 0.5% cybersecurity levy on transactions. This...
Speaker of the House of Representatives, Tajudeen Abbas, intervened during a plenary session to pause a motion advocating for the suspension of the controversial cybersecurity levy....
Bayo Onanuga, spokesperson to President Bola Ahmed Tinubu, has provided clarification on the recently introduced cybersecurity levy amidst growing public outrage over Nigeria’s economic challenges. Contrary...
In a recent directive issued by the Central Bank of Nigeria (CBN), all banks are mandated to implement a 0.5 per cent cybersecurity levy on electronic...
The Central Bank of Nigeria (CBN) has issued a directive for a 0.005 percent Cybersecurity Levy to be deducted from electronic transfers, effective within the next...