The Central Bank of Nigeria (CBN) has officially rescinded its directive that required banks to implement a contentious 0.5% levy on electronic transactions to fund cybersecurity measures.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…
CBN Bows to Pressure, Halts Implementation of Controversial Cybersecurity Levy – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
(AFRICAN EXAMINER) - The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions.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
Cybersecurity Levy: CBN withdraws circular theeagleonline.com.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeagleonline.com.ng Daily Mail and Mail on Sunday newspapers.