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CBN to impose ₦10,000 fine on Banks that fail to reverse Failed e-Transactions within 24 Hours

Nigerian bank account holders have a cause to rejoice as the Central Bank of Nigeria (CBN) has announced that it will begin fining banks ₦10,000 for failing to reverse failed electronic transactions within 24 hours. The central bank stated this in a “Circular on the regulation on instant inter-bank electronic funds transfer services in Nigeria,” Punch […] The post CBN to impose ₦10,000 fine on Banks that fail to reverse Failed e-Transactions within 24 Hours appeared first on BellaNaija ...
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Added September 17, 2018
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