The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5 (0.005) per cent Cybersecurity Levy on electronic transfers.
Browsing: CBN
“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, ‘a levy of 0.5% (0.005) equivalent to a half percent of all electronic transactions value by the business specified in the Second Schedule of the Act’, is to be remitted to the National Cybersecurity Fund (NCF), which shall be administered by the Office of the National Security Adviser (ONSA),”
Total Ways and Means balances as of May 2023 when the Tinubu administration took over N26.95 trillion.
The Naira on Wednesday further depreciated at the official market, trading at N1,308.52 to the dollar. Data from the official…
The Central Bank of Nigeria has approved the sale of an additional 10,000 each dollars to 1,583 eligible Bureaux De Change (BDCs) in the country to meet market demands.
The Naira on Monday slightly depreciated at the official market, trading at N1,234.49 to the dollar. Data from the official…
The Central Bank of Nigeria (CBN) has reduced the Loan-to-Deposit Ratio (LDR) of deposit money banks from 65 percent to…
The Central Bank of Nigeria (CBN) has again sacked an additional 40 staff, who are mostly from the apex bank’s…
The Independent Media and Policy Initiative (IMPI), a pressure group, has said the policy thrust of the President Bola Tinubu…
Godwin Emefiele has specifically asked the court to grant him bail on self-recognizance pending the hearing and determination of his case or in the alternative that he be released to his counsel pending the determination of the case.