CBN: Things to know about Cybersecurity levy on electronic transactions in Nigeria

Nigerians are angry at the Central Bank of Nigeria’s recently implemented 0.5% cybersecurity levy.  The Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act, 2024, requires banks to deduct and remit a 0.5% … Continue reading CBN: Things to know about Cybersecurity levy on electronic transactions in Nigeria