The Central Bank of Nigeria (CBN) has announced a new daily transaction limit for Point of Sales (PoS) agents, restricting cash-outs to a maximum of N1.2 million. The policy is ...
Days after the Central Bank of Nigeria ordered Deposit Money Banks to guard against artificial cash scarcity in the country, findings revealed that the trend still persists in some ...
The Delta State Police Command has issued a stern warning to Point of Sale (POS) operators regarding transactions exceeding ₦500,000. According to SP Bright Edafe, the Public Relations Officer of ...
ABUJA (Sundiata Post) - The Central Bank of Nigeria (CBN) has directed payment service providers to begin the tracking of all Point of Sale (PoS) transactions. In a circular to ...