Tag: Payment Systems
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Payment systems: NCC, CBN reach milestone agreements
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) on Tuesday marked a milestone as the two regulatory bodies sign a memorandum of understanding on payment systems in Nigeria. TheNewsGuru reports Professor Umar Garba Danbatta lead a delegation of NCC’s senior management staff to the governor of the CBN, Godwin Emefiele where…
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Electronic fraud: CBN reiterates need to secure payment systems
The Central Bank of Nigeria (CBN) on Wednesday reiterated the need to secure payment systems in the country to stem fraudulent activities in the financial sector. The Director, Banking and Payment Department, CBN, Mr Dipo Fatokun stated this while presenting a keynote address on emerging regulations to protect online, mobile and payment services in Abuja.…