Cybersecurity Levy

President Tinubu Suspends 0.5% Cybersecurity Levy President Bola Tinubu has officially instructed the Central Bank of Nigeria (CBN) to suspend the implementation of the controversial cybersecurity levy. Minister of Information and…
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House of Representatives Orders CBN to Suspend Controversial Cybersecurity Levy. The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the enforcement of the controversial cybersecurity levy,…
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The recent directive from the Central Bank of Nigeria mandating banks to impose a Cybersecurity Levy on transactions has sparked discussions regarding the various levies Nigerians incur on electronic transactions. This move, outlined in…
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Motion for Suspension of Cybersecurity Levy Faces Major Setback A motion seeking the suspension of the cybersecurity levy has encountered a significant setback at the House of Representatives. Honourable Manu Soro, who tabled the…
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The Central Bank of Nigeria (CBN) has released a list of 16 bank transactions that will be exempt from the newly introduced cybersecurity levy, following the directive to impose a 0.5% levy on electronic transactions within the country.…
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