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Read more about the article CBN mulls 24–48 hour refund rule for failed ATM transactions 

CBN mulls 24–48 hour refund rule for failed ATM transactions 

The Central Bank of Nigeria (CBN) has proposed new rules mandating banks and payment providers to refund customers for failed Automated Teller Machine (ATM) transactions within a strict timeframe of 24 to 48 hours, in a major push to resolve one of the most persistent pain points in Nigeria’s electronic payments system. According to the […]

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Read more about the article CBN, blockchain firm join forces to boost eNaira

CBN, blockchain firm join forces to boost eNaira

The Central Bank of Nigeria (CBN) has collaborated with Gluwa Nigeria, blockchain technology firm, to drive the adoption of the nation's eNaira currency.

<p>The post CBN, blockchain firm join forces to boost eNaira first appeared on Technology Times.</p>

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Read more about the article Naira Redesign: CBN must address technology fundamentals to reduce impact on Nigerians, Ojo says

Naira Redesign: CBN must address technology fundamentals to reduce impact on Nigerians, Ojo says

The Central Bank of Nigeria (CBN) should address adequate national technology backbone and other fundamental measures to alleviate the adverse impact of the Naira redesign policy on Nigerians, and expedite the transition towards a cashless society, Mr Bolaji Ojo, Managing Editor & Publisher, The Ojo-Yoshida Report, has advised.

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Continue ReadingNaira Redesign: CBN must address technology fundamentals to reduce impact on Nigerians, Ojo says