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Maroc Maroc - NAIJA247NEWS.COM - A La Une - 20/Dec 10:39

Why CBN set N100,000 daily withdrawal limit on PoS terminals

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, terminals as part of efforts to promote a cashless economy. Also, CBN added, the measure will address operational challenges, reduce fraud, and establish uniform standards across the industry. Recall that CBN announced the […]

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