•Naira notes The federal government has banned the use of physical cash for the payment of revenue and directed Ministries, Departments, and Agencies to install Point of Sale terminals within 45 days. The directive is part of four Treasury circulars issued by the Office of the Accountant-General of the Federation and obtained by our correspond...
•POS machine The Central Bank of Nigeria has directed that all Point of Sale (PoS) terminals in the country be geo-tagged within 60 days. In a statement dated August 26, 2025, obtained by our correspondent today, CBN said the move is part of measures to curb fraud and strengthen oversight of digital payments. It is […]

