The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking deals.
The Central Bank of Nigeria has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking deals.
The apex bank, in the circular, directed to all commercial, merchant, non-interest, and payment service banks, among others; to start the implementation of the cybersecurity charges after two weeks of the information. 12. Savings and deposits, including transactions involving long-term investments such as Treasury Bills, Bonds, and Commercial Papers14. Non-profit and charitable transactions, including donations to registered non-profit organisations or charities
News Politics Economy Trade Business Sports Current Events Travel Nigeria Economy Business And Finance West Africa Banking And Insurance
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria: Joint Statement On the 2024 U.S.-Nigeria Binational CommissionDocument - The text of the following statement was released by the Governments of the United States of America and the Government of Nigeria on the occasion of the sixth U.S.-Nigeria Binational Commission in Abuja on April 29-30, 2024.
Read more »
Nigeria: 'Foreign Boots On Our Soil' - PRP Rejects Us, France Military Bases in NigeriaThe Peoples Redemption Party (PRP) has opposed the relocation of United States and French military bases to Nigeria, warning of the dangers of compromising the country's sovereignty and security.
Read more »
Nigeria: Tinubu Not Responsible for Nigeria's Current HardshipThe Deputy Speaker, House of Representatives, Rt. Hon. Benjamin Kalu, said President Bola Tinubu was not responsible for Nigeria's current economic hardship.
Read more »
Nigeria: Interview Why Christianity Practised in Nigeria Is ScamFireman addressed the past controversy that nearly derailed his ministry, the source of his acclaimed miraculous powers, and engaged in various other pertinent topics.
Read more »
Nigeria: In Nigeria, Judicial Appointments Have Become Network CorruptionThis is also a clear violation of Rule 11(iv) of the Code of Conduct for judicial officers in Nigeria, which requires that 'in the exercise of his administrative duties, a judicial officer should avoid nepotism and favoritism.'
Read more »
Nigeria: Why FDIs Continue to Shun Nigeria...says propaganda won't attract investors
Read more »