/ Apr 01, 2026

What's Hot

/ Apr 01, 2026

What's Hot

SERAP gives FG 48-hr ultimatum to reverse CBN’s 0.5% cybersecurity levy

Published on

By

 

The Socio-Economic Rights and Accountability Project has issued a warning to the Federal Government to reverse the 0.5 per cent cybersecurity levy imposed by the Central Bank of Nigeria.

SERAP also threatened to deal in legal action against the government if it failed to reverse the levy within a 48-hour timeframe.

The non-governmental organisation stated this Tuesday via its Twitter handle, calling for the immediate reversal of what it regarded as levy ‘imposition’.

Read Also:

BREAKING: Banks to charge Nigerians for cybersecurity on every transaction

SERAP tweep @SERAPNigeria stated, “The Tinubu administration must immediately withdraw the grossly unlawful CBN directive to implement section 44 of the Cybercrime Act 2024, which imposes a 0.5% ‘cybersecurity levy’ on Nigerians.

“We’ll see in court if the directive is not withdrawn within 48 hours.”

The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions.

A circular from the apex bank seen by Punch Online on Monday disclosed that the implementation of the levy would start two weeks from then.

The circular was directed to all commercial, merchant, non-interest and payment service banks, among others.

The circular revealed that it was a follow-up on an earlier letter dated June 25, 2018 (Ref: BPS/DIR/GEN/CIR/05/008) and October 5, 2018 (Ref: BSD/DIR/GEN/LAB/11/023), respectively, on compliance with the Cybercrimes (Prohibition, Prevention, Etc.) Act 2015.

You May Like

4 thoughts on “SERAP gives FG 48-hr ultimatum to reverse CBN’s 0.5% cybersecurity levy

  1. Terrific write ups Kudos!
    casino en ligne
    Nicely put. Thank you!
    casino en ligne France
    Beneficial forum posts, Regards.
    casino en ligne
    You suggested that adequately.
    casino en ligne
    Thanks a lot, A good amount of forum posts.
    casino en ligne
    You reported it well.
    casino en ligne francais
    Amazing a lot of terrific knowledge.
    casino en ligne
    Very good content, Many thanks!
    casino en ligne
    Well expressed certainly. .
    meilleur casino en ligne
    Nicely put, Thanks a lot!
    casino en ligne francais

  2. В джунглях азарта, где всякий сайт норовит привлечь обещаниями простых джекпотов, рейтинг честных русских казино
    превращается как раз той путеводителем, которая ведет через дебри рисков. Для ветеранов и новичков, которые устал с пустых посулов, он средство, чтоб почувствовать реальную выплату, словно вес золотой фишки у руке. Без лишней болтовни, только надёжные клубы, в которых отдача не просто показатель, но ощутимая удача.Подобрано по гугловых поисков, будто ловушка, что вылавливает наиболее горячие тренды на рунете. Тут нет пространства к стандартных приёмов, любой пункт как карта у столе, где подвох выявляется немедленно. Игроки видят: по стране стиль разговора на сарказмом, там ирония скрывается как совет, даёт обойти обмана.В https://heylink.me/don8play данный список ждёт будто раскрытая карта, приготовленный для старту. Зайди, когда нужно почувствовать биение подлинной ставки, минуя обмана и неудач. Игрокам что знает вес выигрыша, он будто иметь фишки у ладонях, вместо глядеть на монитор.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

Iran eliminates four US soldiers in retaliatory strikes

Iran eliminates four US soldiers in retaliatory strikes

At least four United States soldiers have lost their lives in retaliatory strikes by Iran. The US Central Command, CENTCOM, disclosed this in a statement posted on its X account on Monday. The US military emphasized that the identities of the deceased will remain undisclosed until their families have been notified. CENTCOM stated that four US service members were earlier confirmed killed in action, adding that the fourth individual, who sustained serious injuries from Iran’s initial attacks, ultimately succumbed to the wounds. “Major combat operations are ongoing, and we will withhold names for 24 hours post notification of families,” it added. In related news, President Donald Trump has vowed to retaliate for the deaths of American personnel following the joint US-Israeli operations against Iran.
Read more

Editor's Pick

Trending News

Your trusted source for up-to-the-minute news and insightful analysis.

We are dedicated to delivering accurate, comprehensive, and thought-provoking coverage of the latest happenings from around Nigeria.

Must Read

Quick Links

© 2026 GongNews. All Rights Reserved.