CBN Sets N1.2m Daily Transaction Limit for PoS Agents
The Central Bank of Nigeria (CBN) has recently implemented a new policy limiting daily transactions for Point of Sales (PoS) agents to N1.2 million. Eko Hot Blog reports that this decision outlined in the ‘Circular on Cash-Out Limits for Agent Banking Transactions,’ is part of the apex bank’s ongoing efforts to encourage a cashless economy … Read more