In a bid to promote a cashless policy, the Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000...
Vice-President Kashim Shettima on Friday urged banks to tackle the cash scarcity in the country. Shettima made the call at the 2024 Bankers’ Committee Retreat in...
The issue of arbitrary exploitation by Point of Sales (PoS) operators has gotten the attention of Vice President Kashim Shettima who has called on the Central...
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has slammed the federal government over the recently mandatory registration of Point of Sales operators...
In a bid to protect the businesses of Fintech’s customers and strengthening the economy, the Central Bank Of Nigeria (CBN) has issued a July 7, 2024...
The Central Bank of Nigeria (CBN) has accused the Deposit Money Banks (DMBs) of colluding with Point of Sale (PoS) operators to disrupt the cash flow...
The Central Bank of Nigeria (CBN) will sanction Super Agents over the activities of Point of Sales (PoS) operators should they breach the guidelines of their...
The Federal Competition and Consumer Protection Commission (FCCPC) has threatened to sanction Point of Sale (PoS) operators over the planned increase in transaction charges. In a...
Prior to the Naira redesign policy of the Central Bank of Nigeria (CBN), the area of Alagbole, Ogun State, was saturated with Point of Sale (PoS)...
Many Nigerians were left frustrated on Monday as cash, including old and new naira notes were unavailable from banks’ Automated Teller Machines (ATMs) in most parts...
Members of the Association of Mobile Money and Bank Agents (AMMBAN) have threatened to take their protest of the cash withdrawal limit to the streets and...
Deposit money banks (DMBs) and processing companies in the financial industry have been given the go-ahead to establish deposit and withdrawal centres outside the banking hall...
In twelve months, Point of Sales (POS) operators transacted N6.43 trillion through their terminals, as insecurity, unemployment, and other factors compel adoption of the payment channel...