Browsing Tag

electronic transfer

CBN directs banks to charge 0.5% cybersecurity levy on electronic transfer

Biola Adebayo May 7, 2024

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial,…
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BREAKING: Senate adopts electronic transfer of election results

Marvellous Gbadegesin Oct 12, 2021

The Senate has passed a bill to reconsidered its stance on the electoral act amendment bill and has empowered the Independent National Electoral Commission (INEC) to determine the best mode to transmit election results. According to the…
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