FCCPC Backs CBN’s 48-hour Refund Policy For Failed ATM Transactions
The Federal Competition and Consumer Protection Commission (FCCPC) on Monday backed the Central Bank of Nigeria (CBN’s)new draft guidelines mandating banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. The FCCPC’s Director of Corporate Affairs,, Ondaje Ijagwu, announced the Commission’s position on the policy in a statement. Ijagwu said the…

