Banks to begin charging 0.5% cybersecurity levy on transactions

Banks operating in the country are to start charging a cybersecurity levy on transactions, according to a directive by the Central Bank of Nigeria (CBN). The apex bank said in a circular to all commercial, merchant, non-interest and payment service banks, among others on Monday that the implementation of the levy would start from May […] The post Banks to begin charging 0.5% cybersecurity levy on transactions appeared first on QED.NG.

  General   May 7, 2024   0   53  Add to Reading List
Banks to begin charging 0.5% cybersecurity levy on transactions


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Banks operating in the country are to start charging a cybersecurity levy on transactions, according to a directive by the Central Bank of Nigeria (CBN). The apex bank said in a circular to all commercial, merchant, non-interest and payment service banks, among others on Monday that the implementation of the levy would start from May […]

The post Banks to begin charging 0.5% cybersecurity levy on transactions appeared first on QED.NG.

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