The CBN has introduced a N100,000 daily withdrawal limit on PoS terminals as part of efforts to promote a cashless economy.
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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 […]
The CBN has introduced a N100,000 daily withdrawal limit on PoS terminals as part of efforts to promote a cashless economy.
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...
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...
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 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 set a daily withdrawal limit on point-of-sale (PoS) terminals to ₦100,000 per customer. The apex bank, in a...
The CBN said over N3.3 trillion is in circulation as of December, compared to just N1 trillion in early 2023
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...