FCCPC Welcomes CBN’s 48-Hour Refund Draft Guidelines as Major Relief for Bank Customers

Monday, October 13, 2025: The Federal Competition and Consumer Protection Commission (FCCPC) welcomes the Central Bank of Nigeria’s (CBN) draft guidelines requiring all banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. The exposure of the CBN’s Draft Guidelines on the Operations of Automated Teller Machines in Nigeria follows the […]

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