PoS operators warn CBN’s new rule could wipe out small fintechs in NIgeria 

Point of Sale (PoS) operators have raised an alarm that the Central Bank of Nigeria’s (CBN) new policy on agent banking could force many small fintech companies out of business and create monopolies. The operators, under the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said the rule, which mandates PoS agents to […] The post PoS operators warn CBN’s new rule could wipe out small fintechs in NIgeria  appeared first on Nairametrics.

  Business   Oct 15, 2025   0   13  Add to Reading List
PoS operators warn CBN’s new rule could wipe out small fintechs in NIgeria 

Point of Sale (PoS) operators have raised an alarm that the Central Bank of Nigeria’s (CBN) new policy on agent banking could force many small fintech companies out of business and create monopolies. The operators, under the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN), said the rule, which mandates PoS agents to […]

The post PoS operators warn CBN’s new rule could wipe out small fintechs in NIgeria  appeared first on Nairametrics.

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