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What You Need To Know About The New 0.5% Cyber Security Levy

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Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In a significant move to bolster national cybersecurity, the Central Bank of Nigeria (CBN) has issued a directive to all banks and financial institutions to implement a cybersecurity levy on banking transactions.
This new levy, set at 0.5% of the value of electronic transactions was in response to the escalating concerns over cyber threats and follows the guidelines of the recently amended Cybercrime (Prevention and Prohibition) Act.
Join us on today's episode of the podcast to find out more.

  continue reading

788 episodes

Artwork
iconShare
 
Manage episode 417059391 series 3303024
Content provided by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ummu Salmah Ibrahim and Daniel Oluwole, Ummu Salmah Ibrahim, and Daniel Oluwole or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In a significant move to bolster national cybersecurity, the Central Bank of Nigeria (CBN) has issued a directive to all banks and financial institutions to implement a cybersecurity levy on banking transactions.
This new levy, set at 0.5% of the value of electronic transactions was in response to the escalating concerns over cyber threats and follows the guidelines of the recently amended Cybercrime (Prevention and Prohibition) Act.
Join us on today's episode of the podcast to find out more.

  continue reading

788 episodes

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