Tag
MUSA JIMOH
The CBN has directed Other Financial Institutions (OFIs) to adopt the compulsory Nigeria Uniform Bank Account Number (NUBAN) or face sanctions.
In a bid to encourage more people to use e-payment channels, especially PoS machines, CBN has disclosed that it would introduce new rules.
Investigations have disclosed that some retail outlets are still collecting N50 PoS Stamp Duty charge from customers despite CBN's directive.