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General

Reps Suspends Move To Stop CBN’s Cybersecurity Levy

<div><img width="300" height="168" src="https://www.naijanews.com/wp-content/uploads/2024/05/House-of-Representatives--300x168.jpeg" class="attachment-medium size-medium wp-post-image" alt="Reps Drop Idea Of Stopping CBN's Cybersecurity Levy" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/05/House-of-Representatives--300x168.jpeg 300w, https://www.naijanews.com/wp-content/uploads/2024/05/House-of-Representatives-.jpeg 700w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>The House of Representatives has opted against proceeding with the proposal to suspend the cybersecurity levy. Naija News reported that CBN had issued a new directive to all financial institutions, including commercial, merchant, non-interest banks, payment service banks, and mobile money operators, mandating the implementation of a 0.5% cybersecurity levy on all electronic transactions. This move is […]</p> <p>The post <a href="https://www.naijanews.com/2024/05/08/reps-suspends-move-to-stop-cbns-cybersecurity-levy/">Reps Suspends Move To Stop CBN’s Cybersecurity Levy</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 1 min read
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General

Outrage Over Cybersecurity Levy Imposed By Tinubu Admin Amid Hardship + Tribute To Yar’Adua – Trending With Ojy Okpe

<p>Nigerians have taken to social media, to register their frustration over the 0.5 percent cybersecurity levy, imposed by central bank of Nigeria. On Tuesday, the Socio-Economic Rights and Accountability Project,</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/outrage-over-cybersecurity-levy-imposed-by-tinubu-admin-amid-hardship-tribute-to-yaradua-trending-with-ojy-okpe/">Outrage Over Cybersecurity Levy Imposed By Tinubu Admin Amid Hardship + Tribute To Yar’Adua – Trending With Ojy Okpe</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Cybercrime Levy Imposed by CBN Simply a Tax To Fund Parastatals, Says Financial Analyst Obi-Chukwu

<p>Financial Analyst Obi-Chukwu emphasised forex's crucial role in shaping the naira's path, urging swift action to strengthen reserves and attract capital.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/cybercrime-levy-imposed-by-cbn-simply-a-tax-to-fund-parastatals-says-financial-analyst-obi-chukwu/">Cybercrime Levy Imposed by CBN Simply a Tax To Fund Parastatals, Says Financial Analyst Obi-Chukwu</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 5 min read
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