Nigeria: Central Bank of Nigeria implementation guidance on collection and remittance of national cybersecurity levy (circular Ref: PSM/DIR/PUB/LAB/017/004)

Progress

Current status
in force
01 Jul 2024 in force
06 May 2024 adopted

Scope

Implementers
Nigeria
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

01 Jul 2024
in force

Central Bank of Nigeria's circular regarding implementation guidance on collection and remittance of the national cybersecurity levy enters into force

On 1 July 2024, The Central Bank of Nigeria (CBN)'s circular Ref: PSM/DIR/PUB/LAB/017/004 regarding the implementation guidance on the collection and remittance of the national cybersecurity levy has been fully implemented. The deadline for all othe…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
06 May 2024
adopted

Central Bank of Nigeria adopted circular regarding the implementation guidance on the collection and remittance of the national cybersecurity levy

On 6 May 2024, the Central Bank of Nigeria (CBN) issued circular Ref: PSM/DIR/PUB/LAB/017/004 regarding the implementation guidance on the collection and remittance of the national cybersecurity levy. Financial institutions are required to commence …

Source
Event type order
Action type adoption
Government branch executive
Government body central bank