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CBN Directs Banks To Comply With Cybercrime Act Provisions

The Central Bank of Nigeria (CBN) has mandated all banks to comply with the statutory provision for the collection and remittance of the 0.005% levy on all electronic transactions by the businesses specified in the second schedule of the Cybercrime (Prohibition, Prevention, etc.) Act The apex bank gave this directive today in a Circular BSD/DIR/GEN/LAB/11/006 […]