Nigeria: Central Bank of Nigeria adopted circular regarding the implementation guidance on the collection and remittance of the national cybersecurity levy
Description
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 …
Scope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank