CBN limits contactless payments to N50,000 daily

The headquarters of the Nigerian central bank stands in Abuja, Nigeria, on Wednesday, Oct. 21, 2015. The Central Bank of Nigeria (CBN) has placed a N50,000 daily limit on contactless payments through bank accounts or digital wallets. The apex bank also limited the amount per transaction to N15,000 on contactless payments. The CBN disclosed this … Continue reading CBN limits contactless payments to N50,000 daily