Tag Archives: transactions

Politics tamfitronics The Central Financial institution of Nigeria (CBN) has provided a checklist of 16 bank transactions that could now no longer attract the unusual cybersecurity levy.Politics Nigeria earlier reported that the CBN, on Monday, directed all banks to delivery charging a 0.5 per cent cybersecurity levy on all digital transactions throughout the nation.This become once contained in a circular signed by the Director, Funds Procedure Management Division, Chibuzo Efobi; and the Director, Financial Policy and Law Division, Haruna Mustafa.The circular, which become once directed to all commercial, service provider, non-hobby, and price service banks, among others; necessary that the implementation of the levy would delivery two weeks from Monday, Would possibly possibly possibly well merely 6, 2024.“The levy shall be applied on the point of digital switch origination, then deducted and remitted by the...