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 […]

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FAAN goes cashless to modernise airport operations, boost transparency

The agency explains that the shift to digital payments will enhance accountability, reduce leakages, and provide passengers with a faster, safer, and more transparent payment experience. According to FAAN, the initiative “is designed to modernise airport operations, boost efficiency, and align Nigeria’s aviation sector with global digital trends.” The agency explains that the shift to […]

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