Tag Archives: Mandates Banks To Reimburse Victims Within 16 Working Days#

BY ABU-SATAR HAMED  ABUJA, NIGERIA – The Central Bank of Nigeria (CBN) has unveiled a new framework aimed at curbing the rising wave of fraud within the country’s financial sector. Under the draft guidelines, customers must report fraudulent transactions within 72 hours, while banks and fintechs are now obligated to …

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