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Tag "Dipo Fatokun"

CBN directs banks to resolve USSD disputes in three days

    CBN directs banks to resolve USSD disputes in three days

The Central Bank of Nigeria (CBN) says all commercial banks must resolve disputes arising from the use of Unstructured Supplementary Service Data (USSD) channels within three days. Dipo Fatokun, CBN’s

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CBN: Electronic fraud is on the rise

Dipo Fatokun, director of banking and payment system, at the Central Bank of Nigeria, says fraud carried out through automated teller machines (ATM) and mobile banking is on the increase.

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CBN sets daily limit of mobile transfer at N100,000

    CBN sets daily limit of mobile transfer at N100,000

The Central Bank of Nigeria says the daily limit of funds transfer from mobile phones using short codes will now be N100,000. In a circular released on Thursday and signed

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Soon, biometrics will replace ATM pin, says CBN director

    Soon, biometrics will replace ATM pin, says CBN director

The Central Bank of Nigeria (CBN) says biometrics will soon be used for transactions on the automated teller machine (ATM). Pin codes are currently being used. Dipo Fatokun, chairman, Nigeria

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CBN suspends cashless policy, asks banks to refund charges

The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy. In a circular

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CBN: You can now pay cheques into your savings account

  CBN: You can now pay cheques into your savings account

The Central Bank of Nigeria (CBN) says savings account holders in Nigeria can now pay cheques of N2million or less

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CBN: Nigerians make N1.5bn transactions on POS daily

  CBN: Nigerians make N1.5bn transactions on POS daily

The Central Bank of Nigeria (CBN) says about N1.5 billion worth of transactions are done on the Point Of Sales

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CBN extends BVN registration to October 31

  CBN extends BVN registration to October 31

The Central Bank of Nigeria (CBN) has extended the deadline for the bank verification number (BVN) registration to October 31,

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Central Bank reintroduces ATM bank charges

  Central Bank reintroduces ATM bank charges

The Central Bank of Nigeria (CBN) has directed that Automated Teller Machines (ATM) withdrawals would attract N65 per transaction to cover

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