Despite massive hunger, CBN reintroduces Cybercrime Levy in new …C0NTINUE READING HERE >>>
Despite massive hunger that’s ravaging Nigerians, the Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal year.
This levy, which has ignited debate among Nigerians, is mandated by the Cybercrime (Prohibition, Prevention, etc.) Act of 2015, aimed at bolstering the nation’s cyber security infrastructure.
The percentage has been…
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