Cybersecurity Levy Amid Cost of Living Crisis NESG Speaks Out
The Nigerian Economic Summit Group, NESG speaks out concerns about the timing of the recently introduced 0.5 per cent cybersecurity levy on electronic transactions by the Central Bank of Nigeria (CBN) amid cost of living crisis.
On Monday, the Central Bank of Nigeria (CBN) issued a circular to various financial institutions, including commercial, merchant, non-interest, and payment service banks, announcing the cybersecurity levy.
The NESG, in a statement, urged the federal government to reconsider the levy due to concerns over multiple taxation and inflationary pressures burdening Nigerians.
read more:
- Discouraging Politics of Family Business Writes Solomon Olali-Igabo
- Lawyer Tells Court, We Don’t Know Where Yahaya Bello Over Alleged N80.2bn Fraud
- Paint My Heart, New Nollywood Movie is Showing at Uduak Isong TV
- Bimbo Ademoye Signs New Ambassadorial Deal With Estate Firm
- Watch Kiekie Hilarious Skit Titled Mummy’s Boy
