POS Operators Don’t Need CAC Registration, AMMBAN Insists as Deadline Looms
Nigeria’s Association of Mobile Money and Bank Agents (AMMBAN) has said Point-of-Sale operators are not legally required to register...
Fintech
Nigeria to Seize Unregistered POS Terminals From January as CAC Places Fintechs Under Watch
A sweeping nationwide crackdown on unregistered Point-of-Sale (POS) operators will begin on 1 January 2026, the Corporate Affairs Commission...
FG Begins N50 Levy Deduction on Transactions Over N10,000 via Fintech Platforms
The Federal Government of Nigeria has commenced the deduction of a N50 levy on electronic money transfers of ₦10,000...