Levy

Customs suspends implementation of 4% FOB levyCustoms suspends implementation of 4% FOB levy

Customs suspends implementation of 4% FOB levy

The Nigeria Customs Service has suspended the implementation of the four per cent charge on the Free On-Board (FOB) value…

1 month ago
Nigeria clears N85bn, $54m ECOWAS community levy in 19 yearsNigeria clears N85bn, $54m ECOWAS community levy in 19 years

Nigeria clears N85bn, $54m ECOWAS community levy in 19 years

The Federal Government of Nigeria has paid the ECOWAS community levy of N85 billion and $54 million representing 2023 and…

3 months ago
FG: Why we suspended helicopter landing levyFG: Why we suspended helicopter landing levy

FG: Why we suspended helicopter landing levy

The Federal Government has announced the suspension of the $300 helicopter landing levy collection in the country. The Ministry of…

10 months ago
CBN halts 0.5% cybersecurity levyCBN halts 0.5% cybersecurity levy

CBN halts 0.5% cybersecurity levy

The Central Bank of Nigeria (CBN) has withdrawn the circular directing banks to implement a 0.5 per cent cybersecurity levy…

10 months ago
Tinubu orders CBN to suspend 0.5% cybersecurity levyTinubu orders CBN to suspend 0.5% cybersecurity levy

Tinubu orders CBN to suspend 0.5% cybersecurity levy

President Bola Tinubu has directed the Central Bank of Nigeria (CBN) to suspend the implementation of 0.5 per cent cybersecurity…

10 months ago
NACCIMA condemns cybersecurity levyNACCIMA condemns cybersecurity levy

NACCIMA condemns cybersecurity levy

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has condemned the recent directive by the Central…

10 months ago
SERAP gives Tinubu 48hrs to reverse 0.5% cybersecurity levySERAP gives Tinubu 48hrs to reverse 0.5% cybersecurity levy

SERAP gives Tinubu 48hrs to reverse 0.5% cybersecurity levy

The Socio-Economic Rights and Accountability Project (SERAP) has asked President Bola Tinubu to immediately direct the Central Bank of Nigeria…

11 months ago
CBN orders banks to impose 0.5% cybersecurity levy on electronic transfersCBN orders banks to impose 0.5% cybersecurity levy on electronic transfers

CBN orders banks to impose 0.5% cybersecurity levy on electronic transfers

The Central Bank of Nigeria (CBN) has ordered banks to start charging a 0.5 per cent cybersecurity levy on electronic…

11 months ago
Ogun govt bans levy collection in schoolsOgun govt bans levy collection in schools

Ogun govt bans levy collection in schools

The Ogun State Government says it remains illegal for school heads in both public primary and secondary schools across the…

2 years ago