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CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions - Business (5) - Nairaland

Nairaland ForumNairaland GeneralBusinessCBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions (24464 Views)

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Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by duduade(m): 9:40am On May 07, 2024
bennybuhari:
rip off and highly unacceptable. Even the N50 they are deducting on every transaction which they called stamp duty charge is absolutely nonsensical
That 50 naira is been shared by them them up there o
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by membranus: 9:41am On May 07, 2024
Sapiosexuality:
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.
You are renown soldier in this tribal division war. When your side are seemingly winning, you hail them. And when the other side are on the upper hand, you wail.

Please when are you changing too?
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by DeOTR: 9:41am On May 07, 2024
Resurgent2016:
very insensitive, particularly at a time when banks are declaring record profits and people are being squeezed with high inflation....GTB declared ₦609.3billion, Access N619.32bn. FBN almost N400 billion. If funds are required for cybersecurity, the banks definitely can make some room to cover these costs
The money goes to the office of the NSA, not Banks.
Your legislators approved this nonsense.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Omenapounds: 9:43am On May 07, 2024
For every 1 million you transact, you pay 5000 for cyber security....
Naija which way
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Resurgent2016: 9:44am On May 07, 2024
DeOTR:
The money goes to the office of the NSA, not Banks.
Your legislators approved this nonsense.
Is there anywhere I said I said the money goes to the banks ?

I simply posited that banks are in a better position to bare these levies given the windfall they have been making
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by youngrichnigga:
This is the height of illegality, is the NSA office not funded already or why should ordinary people be taxed to keep his office and functions running. Please make me understand why no one has challenged this in court already, how I miss Gani Fawehinmi.......this is daylight robbery and arm twisting by this fraudulent APC government undecided undecided undecided undecided
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by ThiefnubuBandit(f): 9:47am On May 07, 2024
MemphitzDgreat1:
Helinues!
Yarimo!
Seunmsg!
FreeStuffsNG!
Paraman!
DerenleDave!!

Abeg make una come oooooo!
You just posted the names of cheap paid online propagandists on Nairaland. Very shameless people.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by rimijoshua(m): 9:49am On May 07, 2024
evil government..their end is near.
i warned you all.
I miss Buhari
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Deepsky(m): 9:50am On May 07, 2024
Nothing wey they Sabi na
It's only taxing ppl here and there.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Yankee101: 9:51am On May 07, 2024
Daylight robbery
Tinubu is bringing the Lagos model to nigeria
Tax everything, steal everything you can, sprinkle little development on the people
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Idaytesj29(m): 9:51am On May 07, 2024
coolcharm:
If it takes money away from the people... Instant implementation!

If it puts money in people's pockets.... It will take forever!


This levy is illegal and should be contested in court.
Where is SERAP when you need them
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by michoim(m): 9:54am On May 07, 2024
coolcharm:
If it takes money away from the people... Instant implementation!

If it puts money in people's pockets.... It will take forever!


This levy is illegal and should be contested in court.
It is an anti-people's government
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Boobysmith: 9:59am On May 07, 2024
treesun:
https://punchng.com/cbn-orders-banks-to-charge-0-5-cybersecurity-levy/
Another way to steal from us in this already hard knocks regime, Why can't it be .01% if necessary.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Xeedorf: 10:11am On May 07, 2024
CBN governor be like “Your Money or Your Life” to Nigerians.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Dee60: 10:14am On May 07, 2024
coolcharm:
If it takes money away from the people... Instant implementation!

If it puts money in people's pockets.... It will take forever!


This levy is illegal and should be contested in court.
They promise hope and deliver despair.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Dee60: 10:15am On May 07, 2024
Yankee101:
Daylight robbery
Tinubu is bringing the Lagos model to nigeria
Tax everything, steal everything you can, sprinkle little development on the people
Lagos people warned them. Lagos people used their votes well. But they did not listen!
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Yves4real(f): 10:15am On May 07, 2024
As long as those who voted for this government will also pay, there is no problem with the policy.

Btw, when are the APC propagandists going to quickly draft a memo to show that Emefiele came up with the idea and was about to implement it before he was arrested, so that we all can blame him and then move on?
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Damilolagboye(m): 10:16am On May 07, 2024
Relief. Nigerians will find a way of doing the intra-banking transactions grin

Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Sapiosexuality(m): 10:17am On May 07, 2024
membranus:
You are renown soldier in this tribal division war. When your side are seemingly winning, you hail them. And when the other side are on the upper hand, you wail.

Please when are you changing too?
Renowned soldier? What a clown! You are confusing me with one of the rejects that think within your level.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Enemyofpeace: 10:18am On May 07, 2024
Houseofglam7:
Okay 👍
Have a nice day 😊
cold go begin catch you for night
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by egwue: 10:20am On May 07, 2024
This is going to translate to huge fund being taken from Nigerians into the pockets of few. It's so unfortunate that we have always had insensitive and selfish leaders in this country. It means every Nigerian is automatically poorer by 0.5%.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Hectore(m): 10:20am On May 07, 2024
ourcrudeoil:
People will stop taking their money to bank.
Which ever way...... Take it to the bank government take 0.5% you keep it at home men of underworld collect 100% plus other bonuses. This 9ja sef grin grin grin grin
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by edungene7: 10:22am On May 07, 2024
Cordoso or corona virus is a criminal I knew it from the onset
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Ebeano49(m): 10:22am On May 07, 2024
Tomorrow they will claim 100% increase in IGR and the Agbadorians will celebrate.
In an unproductive economy like ours, high IGR = high taxes on ordinary citizens. It is nothing to celebrate at all.

All over the world, governments take pride in REDUCING peoples taxes. In Nigeria the reverse is the case.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Sapiosexuality(m): 10:25am On May 07, 2024
Druss:
The irritating thing is that the clowns think the scraps from their masters' table will make them rich because one day they will get to that level - Newsflash! It will not happen. They are setting up their own flesh and blood to take over from them. Continue defending the very people that are making you poorer and poorer. This goes to all the posters insulting fellow Nigerians who have a right to be unhappy.

NB I await someone coming to say it is 2% in another country ..
That's my main issue with APC as a party. PDP was bad but I truly believe that APC is demonic. APC, with Tinubu running the media, doesn't care about the unity of the country, no game is too dangerous to play for power.

PDP didn't play the tribal card as a party, their spokespersons did not insult Nigerians like old men like Bayo does. You can tell that even in their (PDP) corruption there was a plan to remain nationalistic and unite.

See how foot soldiers defend all the rubbish they spew. Since they came in, they brought in a new brand of propaganda where dimwitted idiots are paid peanuts to praise.

And I don't even have too much issue with that but the fact that these idiots they use are told to play all sort tribal and religious cards to pass their message is more devilish.

APC does not just destroy the people with their bad policies they also use men of opaque souls to destroy the people with their dirty propaganda.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Dbegining: 10:30am On May 07, 2024
anonimi:
This nonsense was also passed by your representative and senator. Hold them accountable.
Passed by representatives but assent was given by Tinubu.

Don't forget that part.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by yewit37486: 10:33am On May 07, 2024
Houseontherock1:
You keep burdening people who are already over taxed, underpaid, underfed and barely surviving undecided
It's sheer wickedness.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by SuccessfulRichi: 10:34am On May 07, 2024
Hold your opay well oh
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by enochogaga(m): 10:45am On May 07, 2024
Very easy to implement act and law's to collect from the poor masses for ebeselment
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by jattopeter(m): 10:45am On May 07, 2024
Not small evil happening in Banking sector and the looting continues by top ogas in the sector.
coolcharm:
If it takes money away from the people... Instant implementation!

If it puts money in people's pockets.... It will take forever!


This levy is illegal and should be contested in court.
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Inspirer1: 10:48am On May 07, 2024
Houseontherock1:
You keep burdening people who are already over taxed, underpaid, underfed and barely surviving undecided
one wonders how they sleep well after doing all these
Re: CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions by Holaomoakin(m): 10:52am On May 07, 2024
Nigerian Government abi Hard task-masters huh huh huh undecided
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