2014-05-12 | BPS/DIR/GEN/CIR/01/005

Guidelines for Card Issuance and Usage in Nigeria

The Central Bank of Nigeria (CBN) has issued guidelines for the regulation of card issuance and usage in the country. These guidelines set minimum standards for payment card security and efficiency, and outline the responsibilities of issuing banks and financial institutions. The CBN will have the power to request information, inspect premises, and take corrective action against card issuers as necessary.

Nigeria

Central Bank of Nigeria

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