
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions. The decision of...

The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to suspend implementation of 0.5% cybersecurity levy on all electronic transactions within the...

The Central Bank of Nigeria (CBN) has directed 0.005% Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN, yesterday, directed the deductions would become...