The Central Bank of Nigeria (CBN) has introduced new regulations for Payment Service Providers (PSPs) to improve the monitoring and routing of Point of Sale (PoS) transactions across Nigeria. This directive, issued on September 11, 2024, is part of the CBN’s broader efforts to strengthen Nigeria’s electronic payments system and diversify the Payment Terminal Service … Continue reading CBN Issues 30-Day Ultimatum for PSPs to Comply with New PoS Rules