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

Description

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…

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

Complete timeline of this policy change

Hide details
2024-05-06
adopted

On 6 May 2024, the Central Bank of Nigeria (CBN) issued circular Ref: PSM/DIR/PUB/LAB/017/004 regar…

2024-07-01
in force

On 1 July 2024, The Central Bank of Nigeria (CBN)'s circular Ref: PSM/DIR/PUB/LAB/017/004 regarding…