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Nigeria Suspends Controversial 0.5% Cybersecurity 'E-Levy'

The Central Bank of Nigeria (CBN) has officially rescinded its directive that required banks to implement a contentious 0.5% levy on electronic transactions to fund cybersecurity measures. This decision follows significant public backlash that erupted after the policy was announced two weeks ago, prompting the Federal Government to suspend the… ....

Mohammed Idris , Chibuzo Efobi , Haruna Mustafa , Office Of The National Security Adviser , Central Bank , Regulation Department , Payments System Management Department , National Cybersecurity Fund , Federal Government , National Security Adviser , Information Minister Mohammed Idris , Financial Policy ,

CBN Withdraws Cybersecurity Levy Circular After FG Suspension

(AFRICAN EXAMINER) - The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions.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 apex bank to withdraw the circular followed the public outrage that trailed the announcement of the policy two weeks ago and the suspension of the ....

Haruna Mustafa , Chibuzo Efobi , Central Bank , National Cybersecurity Fund , Regulation Department , Payments System Management Department , Office Of The National Security Adviser , African Examinerfeatured , Latest Headlines , News Across , Federal Government , National Security Adviser , Information Minister Mohammed Idris , Financial Policy ,

Cybersecurity Levy: CBN withdraws circular

Cybersecurity Levy: CBN withdraws circular
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Chibuzo Efobi , Haruna Mustafa , Payments System Management Department , Remittance Of The National Cybersecurity Levy , National Cybersecurity Fund , Office Of The National Security Adviser , Regulation Department , Central Bank , National Security , Financial Policy , Implementation Guidance , National Cybersecurity Levy ,