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    CBN Orders Banks to Respond to E-Fraud Complaints Within 30 Minutes 

    8 hours ago

    The Central Bank of Nigeria (CBN) has directed commercial banks to treat electronic fraud complaints with new urgency, mandating a response time of under 30 minutes. The move comes as fresh industry data shows a 51% decline in fraud-related losses across Nigeria’s financial system. The new approach, aimed at protecting customers and improving recovery outcomes, … The post CBN Orders Banks to Respond to E-Fraud Complaints Within 30 Minutes  appeared first on Business Elites Africa.
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