5 businesses you can start anywhere in Nigeria with little to no capital The CBN's efforts to entrench a cashless economy opened a thriving business for POS agents. Having queued in the banking hall ...
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Explainer: Understanding POS Rules For Agents
Amid reports that POS operators have been restricted to one financial institution, the Central Bank of Nigeria (CBN) has clarified that its 2025 Agent Banking policy does not prevent merchants from ...
PoS operators in Nigeria have denied widespread involvement in financial fraud, following a sharp rise in PoS-related scams and new CBN regulations Recent data shows PoS fraud cases jumped by over 31% ...
Meanwhile, the CBN has threatened to impose fines on banks over the scarcity of cash at the ATMs. They spoke to the News Agency of Nigeria (NAN) on Sunday in Abuja. Over the past few days, bank ...
The Central Bank of Nigeria (CBN) has responded to the increase in service charges by Point of Sale (POS) agents. According to the apex bank, it is currently in discussions with the POS operators and ...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has vowed to arrest and prosecute Point of Sale (POS) agents charging above 200 naira for cash swap. The apex bank governor stated this ...
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