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>
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