CBN Sanctions 4 Banks For ATM Fraud

CBN Sanctions 4 Banks For ATM Fraud

Nigerian banks in the past year paid out almost N400 million as cashback on the use of point of sale terminals even as four banks were last year sanctioned for non-reversal of dispense error within the specified 48 hour timeframe given by the Central Bank of Nigeria (CBN). Speaking with journalists yesterday at a press...
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