Controversy Trails CBN’s Cybersecurity Levy On Electronic Transactions
Controversy has trailed the introduction of the 0.5 per cent cybercrime levy on all electronic transactions with Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and financial sector operators expressing concerns, calling on the Federal Government to clarify grey aspects of the law authorizing the levy. While describing the levy as another stealth tax on the private sector, NACCIMA called for a suspension of the levy for a few weeks pending […]
