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CBN 0.5% Cyber Security Levy Implications - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessCBN 0.5% Cyber Security Levy Implications (472 Views)

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CBN 0.5% Cyber Security Levy Implications by Pat4t5(op): 12:58pm On May 07, 2024
The implication of this cyber security levy

If you transfer 1 million naira CBN will deduct five thousand naira (#5000) which 0.5% of 1million

If it is #100,000 they will deduct #500


Everyone should be ready for the consequences of our 0olitical choice.
Those supporting corrupt and incompetent politicians don't be in a hurry to attack me your pocket and hunger go teach you everything you need to understand
Re: CBN 0.5% Cyber Security Levy Implications by REDshouse(m): 12:59pm On May 07, 2024
Olodo..

0.5% of 1m is 5000
Re: CBN 0.5% Cyber Security Levy Implications by KashApp: 1:01pm On May 07, 2024
Lols... Change the battery of that calculator
Re: CBN 0.5% Cyber Security Levy Implications by Scarrr: 1:02pm On May 07, 2024
Pat4t5:
The implication of this cyber security levy

If you transfer 1 million naira CBN will deduct fifty thousand naira (#5000) which 0.5% of 1million

If it is #100,000 they will deduct #500


Everyone should be ready for the consequences of our 0olitical choice.
Those supporting corrupt and incompetent politicians don't be in a hurry to attack me your pocket and hunger go teach you everything you need to understand
you wrote fifty thousand
Re: CBN 0.5% Cyber Security Levy Implications by Pat4t5(op): 1:03pm On May 07, 2024
REDshouse:
Olodo..

0.5% of 1m is 5000
Mistake corrected
Re: CBN 0.5% Cyber Security Levy Implications by helinues: 1:04pm On May 07, 2024
The school two students during mathematics class

grin
Re: CBN 0.5% Cyber Security Levy Implications by Cindypresh(f): 1:27pm On May 07, 2024
helinues:
The school two students during mathematics class

grin
And what happened to you during English language class??


Eh answer me.
Re: CBN 0.5% Cyber Security Levy Implications by Bobloco: 1:57pm On May 07, 2024
Cindypresh:
And what happened to you during English language class??


Eh answer me.
He was in the streets of Ibadan shouting owo mi da.
Re: CBN 0.5% Cyber Security Levy Implications by kenny160: 2:15pm On May 07, 2024
Chai, this calculation, nawa o
Re: CBN 0.5% Cyber Security Levy Implications by Beautifulday: 2:32pm On May 07, 2024
Pat4t5:
The implication of this cyber security levy

If you transfer 1 million naira CBN will deduct five thousand naira (#5000) which 0.5% of 1million

If it is #100,000 they will deduct #500


Everyone should be ready for the consequences of our 0olitical choice.
Those supporting corrupt and incompetent politicians don't be in a hurry to attack me your pocket and hunger go teach you everything you need to understand
Does it mean a yahoo boy can't steal from the bank again?
1 Reply

16 Transaction Types Exempted From CBN’s Cybersecurity Levy16 Banking Transactions exempted from The Cyber Security Levy (see full list)CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions234

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