Tag: Cybercrime Levy

Despite massive hunger that’s ravaging Nigerians, the Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal year. This levy, which has ignited debate among Nigerians, is mandated by the Cybercrime (Prohibition, Prevention, etc.) Act…