Cybersecurity Levy

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Breaking: Tinubu suspends controversial 0.5% cybersecurity levy

May 14, 2024 Omajemite Don

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…

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Lawmakers order CBN to Halt Controversial Cybersecurity Levy, Give Reasons

May 9, 2024 Musa Jibril

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…

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5 Levies Nigerians Must Pay for Every Electronic Transaction

May 9, 2024 Omajemite Don

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.…

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Motion for Suspension of Cybersecurity Levy Faces Major Setback as Labour Unions Denounce Policy

May 9, 2024 Omajemite Don

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…

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Cybersecurity levy: CBN Exempts 16 Bank Transactions from New Tariff

May 7, 2024 Taiwo Oyedepo

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…

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