The Central Bank of Nigeria (CBN) has introduced new regulations capping daily cash-out transactions for Point of Sale (PoS) agents at ₦1.2 million, while limiting individual customer withdrawals to ₦100,000 per day. The directive, contained in a new Guidelines for Agent Banking Operations, was signed by Musa Jimoh, the Director of the Payments System [ ]
Tuesday 14 October 2025
leadership - 7 days ago
CBN Pegs PoS Agents’ Daily Transactions At ₦1.2m
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