CBN withdraws 2024-2025 Policy Guidelines over Misrepresentation, clarifies suspension of cybersecurity levy
The Central Bank of Nigeria (CBN) has temporarily withdrawn its biennial Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for 2024-2025 following widespread media misreporting. This decision comes in light of misunderstandings surrounding the now-suspended Cybersecurity Levy, initially mentioned in the guidelines published on September 17, 2024. In a detailed statement, the CBN clarified that … [Read more…]