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Banks To Charge Nigerians For Cybersecurity Levy on Transactions - Business (5) - Nairaland

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CBN Officially Withdraws Cybersecurity Levy / 16 Transaction Types Exempted From CBN’s Cybersecurity Levy / CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions (2) (3) (4)

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Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Daystar7: 8:30am On May 07
Imagine, we are battling with a dead currency and they are creating more reasons to dump the already dead Naira. Give me one tangible reason why I should keep my money in Naira? The demand for dollar will keep growing, we might finally end up over #2000 for a dollar.
Tinubu and his technocrats are a bunch of disaster. God forbid!

2 Likes 1 Share

Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Azularis: 8:43am On May 07
All Baba knows ,is how to collect money from the people.

1 Like

Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by olaniyilukman(m): 9:01am On May 07
amstamon:

You Wan learn abi u Wan set am up. This one wey government don dey arrest crypto traders abi na crypto earners. I no trust this platform again since most of you guys are govt bots.
to be honest, I really want to learn
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Musauzor(m): 9:22am On May 07
helinues:


It's because most of those Fintech banks don't have future. Some of the services they are providing are not just something feasible for normal banks to do


You are always spewing rubbish from your mouth. You claim to know a lot when you know nothing.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Chasito(m): 9:28am On May 07
What do you expect when you have clueless leaders.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Asazwalingwa: 9:36am On May 07
okeyley:
I don't mind being my own central bank. I go just dig ground bury my money. If you wan pay me you pay Cash. No more transfers.


I cannot be funding Tinubu and shettima foreign trips and wild orgies.

😂 😂 😂 😂
Your mouth no good.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Ganbite: 9:40am On May 07
meum:
People will go back to safekeeping money by burying it. Imagine 0.5% of 5 million. That’s 25k for cybersecurity alone


There are some plp wey this APC regime don used their lives so nothing wey this administration will bring that will be opposed by them .. watchout wetin some weyre go still talk with this new way of scamming us .. they will say the govt need money to put things in order or to execute project , some will say we need to suffer to enjoy .. May Amadiohah strike everyone supporting this regime IJN

1 Like 1 Share

Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Diastima: 9:50am On May 07
A government that has done nothing for her people now seats down and wait for you to go and do business while they wait to take taxes

2 Likes 1 Share

Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by bdon123(m): 10:28am On May 07
meum:
People will go back to safekeeping money by burying it. Imagine 0.5% of 5 million. That’s 25k for cybersecurity alone
And armed robbery will increase too...this is a wrong way to tax citizens.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by bdon123(m): 10:29am On May 07
gbaskiboy:
Kuda, FairMoney, Opay, SmartCash are here to stay. With zero fee transfer when receiving and sending. Something that commercial banks can never do.
Opay charges...i dont know abt d rest

1 Like

Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by bdon123(m): 10:32am On May 07
HeadNigga:
It seems this administration is against cashless policy. With this nonsense policy don't expect young people in your banking halls anymore.

This automatically means that for every alert you receive the government has earned 0.5% of it. If you have 200,000 in your account just know that 1,000 naira of that money is no longer yours.

The man is a genius, he is a master strategist..he increased Lagos IGR...to what end? You are killing businesses, pushing more people into poverty, discouraging cashless policy, etc. Tomorrow they will boast of actualizing 20 trillion from cyber security levy and some dummies will clap for them. These things haven't made life easy for the masses instead it is the reverse
A master thief will always want a cash society so he can conveniently hide his loot lile escoba.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by blueAgent(m): 10:41am On May 07
okeyley:
I don't mind being my own central bank. I go just dig ground bury my money. If you wan pay me you pay Cash. No more transfers.


I cannot be funding Tinubu and shettima foreign trips and wild orgies.

grin grin grin
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by sterlingD(m): 10:49am On May 07
HeadNigga:
It seems this administration is against cashless policy. With this nonsense policy don't expect young people in your banking halls anymore.

This automatically means that for every alert you receive the government has earned 0.5% of it. If you have 200,000 in your account just know that 1,000 naira of that money is no longer yours.

The man is a genius, he is a master strategist..he increased Lagos IGR...to what end? You are killing businesses, pushing more people into poverty, discouraging cashless policy, etc. Tomorrow they will boast of actualizing 20 trillion from cyber security levy and some dummies will clap for them. These things haven't made life easy for the masses instead it is the reverse

l am surprised too was it not the CBN Governor that was complaining not too long ago that people are hoarding our Naira .Now truly alot of Naira will reside outside the system.
https://www.nairaland.com/8081335/nigerians-hoarding-94-percent-cash#129772435
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by meum: 11:09am On May 07
bdon123:

And armed robbery will increase too...this is a wrong way to tax citizens.
They really don’t care!
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Yusufisraelj(m): 11:22am On May 07
LastProphet:
The only economic strategy Tinubu knows is how to tax people effectively and how to raise taxes on something the govt invested nothing in. Up till today exporting agric produce out of Nigeria is a complete mess, growing crop in Nigeria is a complete mess, Nigeria customs till today are the ones responsible for 70%of the inflation in Nigeria because of their voodoo levies - no transparent dealing where the public can know the cost of importation for categories of goods. Nothing nothing nothing! And yet Tinubu thinks investors are coming? I don't understand black people

Good observation, same with import duty by Nigerian port authority.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Freethinker87: 11:37am On May 07
cheesy grin Emilokan growing the IGR as promised. Agbadorians right now.

Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by emyguz(m): 12:41pm On May 07
helinues:


It's because most of those Fintech banks don't have future. Some of the services they are providing are not just something feasible for normal banks to do

Are you kidding me? Most banks in the western world are just like the fintechs that are helping our lives here in Nigeria. Our govt just want to milk us dry with taxations all around without actually putting those taxes to good use for the masses.

This is just a case of the rich are getting richer and the poor, poorer. Traditional banks have the capacity to do what those fintech companies are doing, some smart ones amongst them are even branching out into similar fintech products while the rest are just looking for more ways to over profit on their customers. Who knows, probably they are the ones that sponsored this new policy.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by WantsandMore: 12:52pm On May 07
helinues:


It's because most of those Fintech banks don't have future. Some of the services they are providing are not just something feasible for normal banks to do
What do you mean? The CBN doesn't exclude them from the cybersecurity charges
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by ELKHALIFAISIS(m): 1:11pm On May 07
I hope people who voted for APC during last presidential election are excluded




Just laughing 🤣😂
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by MetalJigsaw(m): 5:42pm On May 07
okeyley:
I don't mind being my own central bank. I go just dig ground bury my money. If you wan pay me you pay Cash. No more transfers.


I cannot be funding Tinubu and shettima foreign trips and wild orgies.
If people run to them they'll change
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Mrexcell(m): 7:03pm On May 07
lorenzobanks:
Reason why I don't keep my money with these useless bank. I have learn to keep my money in crypto and receive interest in it every day. Not only that I also get free auto investment to any newly launch crypto assets that would increase my earnings. I can teach people who really want to make money from crypto investment. Note: You can never loss money because this is not a trading thing rather saving and earn. Check my signature to connect with me.


Are you talking about crypto savers club?
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Hapuruchukwu(m): 7:19pm On May 07
gbaskiboy:
Kuda, FairMoney, Opay, SmartCash are here to stay. With zero fee transfer when receiving and sending. Something that commercial banks can never do.

Honestly, I think they're out to frustrate this fintech banks.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Hapuruchukwu(m): 7:20pm On May 07
This administration derives great joy in policies that suffocates the masses.
Re: Banks To Charge Nigerians For Cybersecurity Levy on Transactions by Nyahabingi: 9:24pm On May 07
helinues:


It's because most of those Fintech banks don't have future. Some of the services they are providing are not just something feasible for normal banks to do

U really don't have sense..
Are u not scared for your offsprings...

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