The Central Bank of Nigeria (CBN) has directed all financial institutions in the country to begin the deduction of cybersecurity levy on all electronic
May 6, (THEWILL) - Following the enactment of the Cybercrime (Prohibition, Prevention, etc) (Amendment) Act 2024 and pursuant to the provision of Section 44 (2)(a) of the Act, the Central Bank of Nigeria (CBN) has directed all banks, as well as other financial institutions and payments service providers in the country, to collect and remit