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Business CBN to fine banks N10,000 for failed e-transactions – The Guardian Nigeria Newspaper
Central Bank of Nigeria has told Nigerian banks that any failed electronic transaction without reversal to the customer’s account within 24 hours will attract a fine of N10,000. The sanction takes effect from October 2nd. The apex bank stated in this … Read more via The Guardian Nigeria...- curator
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Business CBN directs banks, others to pay returns through NIBSS – BusinessDay News
The Central Bank of Nigeria (CBN) on Friday directed all banks including microfinance banks, primary mortgage institutions that have agents, Mobile Money Operators (MMOs) and licensed.... Read more via BusinessDay News – https://ift.tt/2Ny2uUg Get more: Nigeria Business News- curator
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Finance: CBN extends policy on USSD daily limit transaction of N100,000 to October – Pulse.ng News
The apex bank fixed the implementation of the measure to curb USSD risks in the Nigerian financial system to October 2018. The USSD codes for transfer of funds at N100,000 daily.... Read more via Pulse.ng News– https://ift.tt/2sAkLGI Get more: Nigeria Business News- curator
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