Nigeria: Guidance for financial institutions on collection and remittance of cybersecurity levy

Central Bank of Nigeria (CBN) guidance

May 10, 2024

The Central Bank of Nigeria (CBN) issued guidance to all commercial, merchant, non-interest and payment service banks, other financial institutions, mobile money operators, and payment service providers on the collection and remittance of the national cybersecurity levy imposed under the Cybercrime Act 2015 and the 2024 Cybercrimes Amendment Act.

Read a May 2024 report prepared by the KPMG member firm in Nigeria

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