Bank customers to pay 0.5% Cybersecurity Levy on transactions, says CBN

 
Bank customers to pay 0.5% Cybersecurity Levy on transactions, says CBN


Banking sector regulator, the Central Bank of Nigeria (CBN) has directed commercial banks in the country to start charging a 0.5% cybersecurity levy on customer transactions. The CBN issued a circular to that effect on Monday, May 6 and stipulated that the new levy comes into force two weeks from that date, which is Monday […]


Source: Bank customers to pay 0.5% Cybersecurity Levy on transactions, says CBN
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