07
May
May
Banks to Impose Cybersecurity Levy on Nigerians
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admin / 11 months
- 0
- 2 min read
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to levy a 0.5% cybersecurity charge on transactions, as outlined in a circular dated May 6, 2024. This directive applies to all commercial, merchant, non-interest, and payment service banks, as well as mobile money operators and payment service providers. The levy, […]