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Business

More Customers, Businesses Oppose Cybersecurity Levy

The Lagos Chamber of Commerce & Industry (LCCI) has called on the government to reconsider the implementation of the 0.5 per cent cybersecurity levy...
News

TUC rejects cybersecurity levy, threatens shutdown

The Trade Union Congress of Nigeria (TUC) has threatened a shutdown of the country’s economy over the planned implementation of the 0.5 percent cybersecurity...
News

Everything You Need to Know About The CBN Cybersecurity Levy

In a new circular dated May 6, 2024, the Central Bank of Nigeria (CBN) enacted a new transaction levy tagged “Cybersecurity Levy” on all...
Politics

Cybersecurity levy: Obi accuses Nigerian govt of milking a dying economy

Fresh opposition has trailed the imposition of cybersecurity levy by the Central Bank of Nigeria (CBN) from former presidential candidate of the Labour Party,...
News

Cybersecurity Levy: ‘Government More Interested In Milking A Dying Economy’- Obi Blasts FG

Former Governor of Anambra State and Presidential candidate of the Labour Party (LP) in the 2023 presidential election, Peter Obi has accused the Federal...
Politics

PRP kicks against CBN cybersecurity levy, says it’s heartless, ill-timed

The Peoples Redemption Party (PRP) has joined other Nigerians and organisations that have kicked against the directive of the Central Bank of Nigeria (CBN)...
News

NLC rejects CBN’s cybersecurity levy

The Nigeria Labour Congress (NLC) has rejected the 0.5 (0.005) percent Cybersecurity Levy on electronic transfers introduced by the Central Bank of Nigeria (CBN).The...
Business

Bank customers to now pay cybersecurity levy on transactions

Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024 the Central Bank of Nigeria (CBN) has ordered deposit money banks in...
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