PoS Terminals Double in Price as FX Pressures Hit Nigeria’s Agency Banking Sector
Cost of PoS terminals jumps 30%–100% in two years Rising inflation and naira depreciation blamed for surge Fintechs adjust models as entry barriers grow for young agents The cost of…
CBN Cracks Down on Fraud with N100,000 Daily Withdrawal Limit on PoS Terminals
The Central Bank of Nigeria (CBN) has imposed a daily withdrawal limit of N100,000 per customer on Point-of-Sale (PoS) terminals, in a bid to promote a cashless economy and curb…
