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FCCPC Endorses CBN’s 48-Hour Refund Policy for Failed ATM Transactions

The Federal Competition and Consumer Protection Commission (FCCPC) has endorsed the Central Bank of Nigeria’s (CBN) draft guidelines mandating banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. In a statement issued in Abuja on Monday, the FCCPC’s Director of Corporate Affairs, Mr Ondaje Ijagwu, said the proposed guideline followed […]

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