The Central Bank of Nigeria (CBN) has ordered all banks to Cybersecurity levy: ₦50
Transfer fee: ₦25
7.5% VAT fee: ₦1.88
SMS Notification: ₦4
Total cost to Sender: ₦80.88Stamp duty (EMTL): ₦50
SMS Notification: ₦4
Total cost to Receiver: ₦54… https://t.co/jcZuvKqTTt
— StatiSense (@StatiSense) May 7, 2024
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Source:
Tribune Online