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Topic: 16 Bank Transactions Exempted From CBN’s New Cyber Security Charges  (Read 697 times)

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16 Bank Transactions Exempted From CBN’s New Cyber Security Charges
« on: May 07, 2024, 01:00:27 PM »
16 Bank Transactions Exempted From CBN’s New Cyber Security Charges

In a significant move, the Central Bank of Nigeria (CBN) has issued a directive for all banks to implement a 0.5% cybersecurity levy on all electronic transactions to bolster cyber defences. However, in a bid to mitigate the impact on essential services and operations, the CBN has also outlined specific exemptions to this levy. The […]

Source: 16 Bank Transactions Exempted From CBN’s New Cyber Security Charges

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