Central Bank of Nigeria
Sanctions on Erring Banks, E-payment Service Providers for Infractions of Payments System Rules and Regulations
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- Author
- Central Bank of Nigeria
- Reference No.
- BPS/DIR/GEN/CIR/05/001
- Year
- 2018
- Pages
- 2 pages
This circular from the Central Bank of Nigeria informs deposit money banks, mobile money operators, switches, and other payments system service providers that operators in the National Payments System will incur a daily N10,000 penalty for failing to apply for operating licence renewal three months…
