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CBN moves to check insider abuse, fraud in payment industry

Published by BusinessDay on Fri, 05 Dec 2014


The Central Bank of Nigeria (CBN) has moved to check insider abuse and fraud related activities in the payment industry. The CBN through the Nigerian electronic Fraud Forum (NeFF) instituted two committees to develop framework that will strengthen e-payment system. Dipo Fatokun, chairman, NeFF, noted that the committee completed its assignment and the two circulars []
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