Full List Of Exempted Transactions From The New CBN Cyber Security Levy
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. The circular stated it was a follow-up on an earlier letter dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and October 5, 2018 (Ref: BSD/DIR/GEN/LAB/11/023), respectively, on compliance with the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015. It…
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