By InvestAdvocate

Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Monday unveiled the Exposure Draft on the Guidelines on Transaction Switching in Nigeria.

This is contained in a circular by the apex bank with reference number BPS/DIR/GEN/CIR/02/008 dated September 9, 2015 and signed by Dipo Fatokun, director, banking and payments system department of the CBN.

The CBN says the release of the draft guideline is in furtherance of its mandate for the development of the electronic payment system in Nigeria.