FCCPC backs 48-hour refund for failed ATM transactions

Dailytrust | 14-10-2025 08:05pm |

The Federal Competition and Consumer Protection Commission (FCCPC) has backed the Central Bank of Nigeria (CBN’s) proposed directive, which compels banks to refund customers for failed Automated Teller Machine transactions within 48 hours. In a statement on Monday signed by its Director of Corporate Affairs, Ondaje Ijagwu, the Commission described the CBN’s Draft Guidelines on

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