FCCPC endorses CBN’s 48-hour refund policy for failed ATM transactions
The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its support behind the Central Bank of Nigeria (CBN)’s draft guideline mandating banks to refund customers within 48 hours for failed ATM transactions. FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, announced in a statement on Monday, October 13, 2025. The endorsement follows the FCCPC’s September…
