Nigeria: Levy regulation in Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act 2024
Progress
Scope
Timeline of events
Signed Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act 2024, including levy regulation
On 28 February 2024, the President signed the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024 into law. The amendments impose a levy of 0.5% on the value of all electronic transactions conducted by businesses specified in the Secon…
SourceAdopted Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024, including levy regulation
On 14 February 2024, the House of Representatives adopted the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024. The amendments impose a levy of 0.5% on the value of all electronic transactions conducted by businesses specified in th…
SourcePassed Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024, including levy regulation
On 21 December 2023, the Senate adopted the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Bill 2024 and passed it to the House of Representatives. The amendments impose a levy of 0.5% on the value of all electronic transactions conducted b…
Source