Naira Scarcity: House of Reps Intervenes as CBN, Banks Enforce Cash Withdrawal Limits
Amid an escalating cash crunch, the Nigerian House of Representatives has demanded an investigation into the operations of commercial banks ...
Tag: POS
Kuda Bank introduces SofPoS, which allows users to accept card payments from their phones and ends free transfers.
Nigeria’s first digital bank, Kuda, has added a new feature to the Kuda Business app, which includes Sales Mode, Kuda ...
The CBN prohibits bank agents from using PoS terminals for transactions, among other things.
The Central Bank of Nigeria (CBN) has released a regulatory framework for agent banking operations, which includes several restrictions to ...
Falana and PoS operators in Lagos have threatened to sue the CBN.
Femi Falana, SAN, a human rights lawyer, and POS terminal operators in Lagos have threatened to sue the Central Bank ...