Nigeria’s competition regulator backs 48-hour refund rule for failed ATM transactions
The Federal Competition and Consumer Protection Commission (FCCPC) has commended the Central Bank of Nigeria (CBN) for proposing a 48-hour refund window for failed Automated Teller Machine (ATM) transactions, describing the move as a “timely and long-awaited correction” to a persistent consumer challenge. The Commission is reacting to apex bank’s Draft Guidelines on the Operations […] Source of Article