Some operators who spoke to Legit.ng said the changes are a response to current cash scarcity and the decision by the Central ...

Walmart’s latest brand and logo update has left some social media users baffled. On Jan. 13, the company announced in a press release on its website that it was launching a “comprehensive ...

One of Nigeria’s commercial banks, Union Bank, has commenced implementing the daily withdrawal limits on Point-of-Sale (PoS) terminals ordered by the Central Bank of Nigeria (CBN). The implementation ...

Union Bank has commenced the implementation of a daily withdrawal limit on point-of-sale (PoS) terminals. The implementation followed a directive by the Central Bank of Nigeria (CBN) on December ...

CBN sets new daily weekly cash withdrawal limits for PoS operators Legit.ng earlier reported that the Central Bank of Nigeria (CBN) had announced a daily cash withdrawal limit of N100,000 per customer ...

There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals. The implementation is coming after ...

Banks across the country have commenced the enforcement of the Central Bank of Nigeria’s (CBN) directive to limit Point-of-Sale (PoS) withdrawals to N100,000 per day and N500,000 per week for ...

000 on Point-of-Sale (PoS) terminals following a directive from the Central Bank of Nigeria (CBN). The CBN directive, issued on December 17, 2024, aims to address operational challenges ...

IN a decisive demonstration of its commitment to ensuring seamless cash flow, the Central Bank of Nigeria (CBN ... between banks and Point-of-Sale (POS) operators, leading to inflated charges ...

Nigeria Celebrating Christmas in Fear, Uncertainty, Hardship, CAN Laments ASUU Laments Current Economic Hardship, Says Nigerian Professor Earns $210 Per Month CBN Sets N100,000 Daily Withdrawal Limit ...

The Central Bank of Nigeria (CBN) has introduced two new digital solutions aimed at improving efficiency and modernising operations: the Document Flow (DocFlow) System and the Ministries ...