Lexark
category icon

Central Bank of Nigeria

Sanctions on Erring Banks, E-payment Service Providers for Infractions of Payments System Rules and Regulation

Loading document viewer...
Author
Central Bank of Nigeria
Year
2010
Pages
7 pages

The Central Bank of Nigeria establishes sanctions for banks and electronic payment service providers that breach payment system rules and regulations. The notice sets fines, continuing penalties, refund obligations, fraud liability, operational directives, closure, prosecution, and non-monetary sanctions for infractions involving ATMs, transaction switching, bulk…

Lexark

© 2026. All Rights Reserved

LinkedInFacebookX