The Central Bank of Nigeria (CBN) has clarified that it has not reintroduced the previously suspended cybersecurity levy on electronic transfers, following reports suggesting otherwise. On...
The Central Bank of Nigeria (CBN) has disclosed its intention to re-introduce and enforce the payment of the controversial Cybersecurity Levy on electronic transactions by Nigerians....
The Central Bank of Nigeria (CBN) has officially rescinded its directive that required banks and payment service providers to collect and remit fees as specified under...
President Bola Tinubu has ordered the suspension of the controversial cybersecurity levy. This was disclosed to newsmen during a press briefing on Tuesday by the Minister...
A global audit and tax firm, KPMG, has said the federal government’s 0.5 percent cybersecurity levy is unjustifiable and ill-timed, given the current economic realities. In...
A former President of the Nigeria Bar Association (NBA), Olisa Agbakoba (SAN), has condemned the controversial cybersecurity levy imposed on Nigerians by the Central Bank of...
President Bola Ahmed Tinubu recently directed the suspension of the cybersecurity levy implementation outlined in the Cybersecurity Act 2015, unveiled by the Central Bank of Nigeria...
Senate Chief Whip, Ali Ndume, has submitted that the federal government was too much in a hurry over the implementation of the cybersecurity levy. He stated...
The Chairman of the Senate Committee on National Security and Intelligence, Senator Shehu Umar Buba, has clarified that the Central Bank of Nigeria (CBN) cybersecurity levy...
The Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 136 concerned Nigerians have filed a lawsuit against the Central Bank of Nigeria (CBN). Naija News reports...
President Bola Tinubu has asked the Central Bank of Nigeria (CBN) to suspend the implementation of the controversial cybersecurity levy policy and ordered a review. Naija...
Senator Ali Ndume has voiced strong opposition to the newly implemented cybersecurity levy, arguing that it unfairly increases the tax burden on Nigerians without enhancing their...
The Trade Union Congress (TUC) has berated opposition lawmakers in the National Assembly over its perceived silence on the controversial cybersecurity levy. Naija News reports that...
The International Monetary Fund (IMF) has called on the Nigerian government to develop a more “robust and adequate” framework to combat the escalating issue of cybercrime...
The Nigerian Economic Summit Group (NESG) has berated the Bola Tinubu-led federal government over the the newly introduced cybersecurity levy. Recall that on May 6, the...
The Northern Elders Forum (NEF) has reacted to the Central Bank of Nigeria’s recent decision to impose a cybersecurity levy on bank customers. Speaking via a...
The cybersecurity levy imposed by the Central Bank of Nigeria (CBN) has continued to spark debates about its impact on Nigerians. Naija News reports that the...
The Coalition of Northern Groups (CNG) has faulted the Federal Government over the new cybersecurity levy directive issued by the Central Bank of Nigeria (CBN). Naija News reported...
The Trade Union Congress (TUC) has rejected the newly announced cybersecurity levy introduced by the federal government and called for the immediate termination of the policy....
The Centre for the Promotion of Private Enterprise (CPPE) has estimated that the Nigerian federal government could generate between ₦3 trillion and ₦7.75 trillion over the...