CBN Sets Daily Cash-Out Limit for PoS Operators to N100,000: Strengthening Nigeria’s Cashless Economy
The Central Bank of Nigeria (CBN) has announced a new policy setting a daily cash-out limit of N100,000 per customer for Point of Sale (PoS) operators, signaling another step in its strategic push toward a cashless economy. This directive, outlined in a circular issued by the Payments System Management Department and signed by Oladimeji Yisa … Read more