CBN mulls 24–48 hour refund rule for failed ATM transactions
[Technology Times - Nigeria] - 12/10/2025
The Central Bank of Nigeria (CBN) has proposed new rules mandating banks and payment providers to refund customers for failed Automated Teller Machine (ATM) transactions within a strict timeframe of 24 to 48 hours, in a major push to resolve one of the most persistent pain points in Nigeria’s (…)
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