Central Bank of Nigeria (CBN) don limit Point of Sale (PoS) agents to N1.2 million daily transaction.
For one circular wey CBN Director for Payments System Management Department, Oladimeji Taiwo, sign, dem talk say dis move na to promote cashless economy and make agency banking operations use electronic payment channels well-well.
As of July 2024, Nigeria get 3.05 million active PoS machines and 4.06 million registered PoS terminals.
READ MORE RECENT NEWS HERE https://naija102.com/president-tinubu-don-present-n47-9-trillion-as-2025-budget-give-national-assembly/
