The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to ₦100,000 per customer. The apex bank, in a...
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The Central Bank of Nigeria (CBN) has announced a new daily cash withdrawal limit of N100,000 per customer for transactions through Point-of-Sale (POS) agents. In a circular sent to deposit money banks, microfinance banks, mobile money operators, and super-agents, the CBN explained that this measure supports its drive toward promoting a cashless economy. The directive, […]
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to ₦100,000 per customer. The apex bank, in a...
The Central Bank of Nigeria on Wednesday directed banks has to peg N100,000 per day as a withdrawal limit for customers on point-of-sale terminals...
The Central Bank of Nigeria (CBN) has directed banks across the country to implement a daily withdrawal limit of N100,000 per customer on...
The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million. This was revealed in its...
20, December 2024 The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit on point-of-sales, PoS,...
The CBN has introduced a N100,000 daily withdrawal limit on PoS terminals as part of efforts to promote a cashless economy.
CBN Imposes N1.2m Daily Limit Transaction On PoS Agent The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily...