CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions - Business (2)

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CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions (21808 Views)

CBN Directs Banks To Suspend Charges On Deposits Till September / CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter / CBN Directs Banks To Accept Deposits Beyond Cashless Policy Limit (2) (3) (4)

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Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by MyVILLAGEpeople(m): 8:35am On May 07

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Houseofglam7(f): 8:35am On May 07

🤦🏽‍♀️

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by endsarrrs(f): 8:35am On May 07

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by jmoore(m): 8:35am On May 07

DSTV dey exploit bla bla bla.

Let's see how you guys will apply same energy on CBN.

The people that went to court to stop DSTV from increasing price should go and get court order to stop CBN from this foolish act.

14 Likes 2 Shares

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by koyeni(m): 8:35am On May 07

What's all this bayi

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by chucks185: 8:36am On May 07

the thief came to steal

2 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Sapiosexuality(m): 8:36am On May 07

This govt doesn't give a shit. They can get away with anything. APC and Tinubu in particular are demonic. They have succeeded in using propaganda and paid idiots online to divide us to a level that we can't even protest or demand for change. Watch how the paid clowns will swarm on this thread.

14 Likes 2 Shares

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by toluleke(m): 8:36am On May 07

This government just want to milk the private investors and SMEs. They cannot curtail their excesses. This policies are not right at this point. I just hope they don't strangulate Investment and lead to downsizing of private work force

1 Like

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Enemyofpeace: 8:36am On May 07

uscofield:
Really? We would be keeping our xash at home oo

and boys will be visiting you to collect their own chair of the money

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by leo22(m): 8:36am On May 07

Emefiele would be a saint at the end of the day.

ALoota continua

8 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Babangidapikin: 8:36am On May 07

But there is budgetary provisions that are not accountable already to the ONSA so why the levies ..what value is the customer deriving .. 5% not even 0.05%... 5% of one trillion is what , 50billion, electronic transaction done in Nigeria is 600 trillion...that is 30trilliion in cold cash that is not transactional...this is going to lead to some serious collapse, and money won't even be accounted for, instead we would have more security escalation and breaches . .

https://nibss-plc.com.ng/nigeria-recorded-n600-trillion-e-payment-transactions-in-2023/

3 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by cjudy(m): 8:36am On May 07

Very soon. You will be taxed 0.50 for breathing in this country

6 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Millimann: 8:36am On May 07

The charges are okay as long as it is paid by all, both the sensible ones and the supporters of this useless government.

We must get sense by force after being blinded by tribalism.

13 Likes 1 Share

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Anunakeeh: 8:36am On May 07

erico2k2:

I told you lot that Nigeria tax us more than the Uk tax us living in there.

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by cigaricon(m): 8:36am On May 07

Wait... You guys still use banks? shocked

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Enemyofpeace: 8:37am On May 07

koyeni:
What's all this bayi

dem go feel it

1 Like

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Light78: 8:37am On May 07

If you send 2 million, that means they will remove 10,000.

Haa

0.5/100= 0.005

Now, 0.005 * ( any transaction you make)

2 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Franklyspeakin: 8:37am On May 07

renewed shege. multiple billing

3 Likes 1 Share

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Enemyofpeace: 8:38am On May 07

Houseofglam7:
🤦🏽‍♀️

your boyfriend go soon run comot for Nigeria

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Slymonster(m): 8:38am On May 07

With all the charges that bank take from every account. Another one has been added. Tinubu really mean Nigerians and it is just one year now.
Imagine sending someone 1million and bank take 5k out of it. Lol wahala

3 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by franugo(m): 8:38am On May 07

treesun:

https://punchng.com/cbn-orders-banks-to-charge-0-5-cybersecurity-levy/

Wow ... this is crazy. I created a similar thread several hours ago yet this one created some minutes ago gets to fp? Lol...mods dey do yakub Mahmoud style grin

5 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Obviouslyblunt: 8:38am On May 07

Nawaoo. Is this how other countries run their banks?

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by YouAreNobody: 8:41am On May 07

By the time Tinubu's tenure ends, all of una go get sense

9 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by sonofthunder: 8:41am On May 07

treesun:

https://punchng.com/cbn-orders-banks-to-charge-0-5-cybersecurity-levy/

This is daylight robbery. We clearly don't have lawmakers or senators except those after their own pocket.

Only solution is for everyone to have account with as many banks as possible. Especially if you make large sums in transfers/payments.

1 Like 1 Share

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Franklyspeakin: 8:41am On May 07

mynd44, and manna plus Madrid guy oya come and defend

2 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by LiveWire85: 8:41am On May 07

With Opay I stand

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by franchasofficia: 8:42am On May 07

Tinubu, the IGR chasing monster cheesy

I said it here before this ugly treasury looter stole his mandate that he would look for every avenue to extort Nigerians through increased direct and indirect taxes, levies and tariffs, and he is doing just as expected being a rogue he is

7 Likes 1 Share

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Millimann: 8:43am On May 07

Light78:
If you send 2 million, that means they will remove 20,000.

Haa

0.5/100= 0.005

Now, 0.005 * ( any transaction you make)

No, N10,000.

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by MemphitzDgreat1(m): 8:44am On May 07

Helinues!
Yarimo!
Seunmsg!
FreeStuffsNG!
Paraman!
DerenleDave!!

Abeg make una come oooooo!

9 Likes 1 Share

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by morikee: 8:45am On May 07

This Nonsense should stop so if am i to transfer 2m i had to pay 10k haba this is outrageous

4 Likes

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Nice2023(m): 8:45am On May 07

Minimum wage people u can see the man u said built Lagos.

5 Likes 1 Share

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Houseofglam7(f): 8:45am On May 07

Enemyofpeace:
your boyfriend go soon run comot for Nigeria

Okay 👍
Have a nice day 😊

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