National Security Adviser (ONSA) -

CBN orders banks to begin deduction of cybersecurity levy

May 7, 2024 by Francis Abel

The Central Bank of Nigeria (CBN) has asked all financial institutions in the country to begin deduction of the cybersecurity levy on all electronic transactions on May 20, 2024, six years after it initially issued the instruction. The deductions were to be directed to the National Security Fund, which is managed by the Office of … Read more

FG orders Binance to provide transaction details of 100 top users

March 13, 2024 by Francis Abel

The Federal Government, FG, has asked cryptocurrency trading firm, Binance, for information on its top 100 users in Nigeria as well as all transaction history for the past six months. According to the Financial Times, the request was made to establish the negotiations between Binance and Nigeria. In the report, the Office of the National … Read more