CBN Imposes N1.2m Daily Limit Transaction on POS Agents
The Central Bank of Nigeria (CBN) has imposed a daily transaction limit of N1.2 million for Point of Sales (POS) agents. This was revealed in its ‘Circular on Cash-Out Limits for Agent Banking Transactions,’ released on Tuesday. According to the circular, the development is in the apex bank’s effort to advance a cashless economy. The…
