BREAKING: CBN Orders Banks To Impose Cyber Security Levy On Electronic Transactions – TheNGblog
The Central Bank of Nigeria (CBN) has mandated all banks operating in the country to implement a cybersecurity levy on electronic transactions, effective two weeks from the announcement. This levy is in accordance with the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015 and the Cybercrime (Prohibition, Prevention, etc.) (amendment) Act 2024. Under the new legislation, a […]