CBN Reverses Directive on Cybersecurity Levy.
The Central Bank of Nigeria (CBN) has withdrawn its directive requiring banks and payment service providers to collect and remit the cybersecurity levy, as outlined in the Cybercrime Prevention and Prohibition Amendment Act of 2024. This decision was announced in a revised circular dated May 17, 2024, signed by the Director of Payment Systems Management […]
CBN Reverses Directive on Cybersecurity Levy. Read More »