No Return Of Cybersecurity Levy, CBN Reassures

ABUJA – The Central Bank of Nigeria (CBN) has confirmed that the previously suspended cybersecurity levy remains inactive. Initially mandated in May 2024, the 0.5% levy was intended for electronic transactions but faced significant public backlash, leading to its suspension by the Federal Government on May 14, 2024. Despite rumors of its reintroduction, the CBN […]