pos withdrawal limit

  1. CBN Imposes N100,000 Daily Withdrawal Limit on PoS Transactions

    Nigeria CBN Imposes N100,000 Daily Withdrawal Limit on PoS Transactions

    The Central Bank of Nigeria (CBN) has introduced limits on Point of Sale (PoS) withdrawals, capping daily transactions at N100,000 per customer. This new measure aims to promote a cashless economy, combat fraud, and enforce consistent operational standards, with penalties for non-compliance...
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