Monday, June 16, 2025

Point of Sale

December 18, 2024

Tinubu’s Hardship: CBN imposes N100,000 daily withdrawal limit on Nigerians

Across Nigeria, banks’ ATMs are often empty, subjecting millions of Nigerians to pay a higher charge to obtain a small amount of cash from PoS agents.

Cash and PoS agent
July 2, 2024

POS agents, businesses urged to meet July 7 CAC registration deadline

CAC has stated that it treats at least 15,000 applications daily, including on weekends, for its fintech regularisation programme. 

POS operator
January 28, 2023

N100, N50 flood Awka as residents rush to dispose old notes

Some banks were said to be disbursing the N100 and N50 notes to customers willing to accept them.

Lower denomination naira notes
January 28, 2023

We’ll eliminate squeeze, chaos in naira notes swap, Buhari tells Nigerians

In a statement by his spokesperson, Garba Shehu, the president said the CBN policy was targeted at people hoarding illicit funds.

President Muhammadu Buhari

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