Nigeria’s CBN bans multi-operator PoS model to streamline agent banking

Nigeria’s CBN bans multi-operator PoS model to streamline agent banking

The Nigerian central bank's sweeping new rules require all point-of-sale (PoS) agents to operate under a single licensed provider from April 2026, ending the multi-operator model that has defined the country’s $70bn payments industry.

👨🏿‍🚀TechCabal Daily – Nigeria enters its PoS monogamy era

In partnership with Lire en Français اقرأ هذا باللغة العربية Happy mid-week. If you’re a PoS operator in Nigeria and your hustle still has side chicks, the Central Bank just said it’s time for you to pick one. Meanwhile, Kenya wants startups to get a slice of corporate CSR money, and M-KOPA’s finally turning a profit. Plus, our sister newsletter The Next Wave: Francophone Africa just dropped a brilliant deep dive on InstaDeep, Tunisia’s $700 …

10 Things PoS Agents Must Know as CBN Releases New Guidelines

The Central Bank of Nigeria (CBN) has released an updated framework governing agent banking operations, marking a major shake-up in how Point-of-Sale (PoS) agents and super agents operate across Nigeria. The document titled “Guidelines for the Operations of Agent Banking in Nigeria,” issued on October 6, 2025, takes effect immediately. It consolidates and replaces all previous rules on agent banking and super-agent licensing. New rules for PoS o…

CBN Issues New Guidelines For Agent Banking, Mandate PoS Operators to Use One Terminal

The Central Bank of Nigeria (CBN), in line with its mandate to ensure financial system stability and promote financial inclusion, has released new guidelines governing the operations of Agent Banking in Nigeria. The revised framework seeks to establish minimum operating standards, enhance service delivery, and promote responsible market conduct among agent banking operators. According to […] The post CBN Issues New Guidelines For Agent Banking, …

CBN’s New PoS Guidelines: 10 Key Rules Every Agent Must Understand - Latest Nigeria News

CBN’s New PoS Guidelines: 10 Key Rules Every Agent Must Understand By Joseph Iyaji | Akahi News The Central Bank of Nigeria (CBN) has unveiled a new and comprehensive framework that redefines […] The post CBN’s New PoS Guidelines: 10 Key Rules Every Agent Must Understand appeared first on Latest Nigeria News - Akahi News.

CBN revised guidelines: PoS operators must now operate with one terminal

The Central Bank of Nigeria (CBN) has announced that Point-of-Sale (PoS) banking agents must register with only one financial institution. The new measure is part of the latest agent banking guidelines introduced by the Central Bank of Nigeria. According to a gazette released by the CBN on Monday, titled ‘Guidelines for the Operators of Agent Banking in Nigeria,’ it explained that the move is part of the process to maintain stability in the nati…