Coalition of Northern Groups reject cybersecurity levy

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 15 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

CNG News

Coalition Of Northern Groups,Cybersecurity Levy

The Coalition of Northern Groups, CNG, has rejected the newly introduced 0.5 per cent cybersecurity levy to be charged on all bank transactions.

DAILY POST reports that the Central Bank of Nigeria, CBN, had on Monday issued a circular to all commercial, merchant, non-interest and payment service banks, among others, directing them to deduct the levy.

“It is a crass heartlessness that is a sequel to fuel subsidy removal which now made fuel above N1000 per liter and the electricity tariff abrupt soaring that is tantamount to another daily-light extortion in the offing by the government that came to being through democratic processes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines