2015-12-01 | BSD/DIR/SIG/2010/06

CBN Scope, Conditions & Minimum Standards for Specialised Institutions Regulations No. 03, 2010

The Central Bank of Nigeria is enforcing new regulations to ensure an effective and secure payments system. All parties must ensure their devices can process all payment methods by December 1st, 2010, and that their systems connect to the Nigeria Central Switch and only one other private switch. Sanctions will be applied for any infractions.

Nigeria

Central Bank of Nigeria

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