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CBN extends PoS geo-fencing metre, compliance deadline

CBN extends PoS geo-fencing metre, compliance deadline

TheCentral Bank of Nigeria(CBN) has extended the deadline for enforcement of its mandatory Point of Sale (PoS) terminal geo-fencing framework to 1 August, giving payment service providers an extended compliance window. The postponement was disclosed in a circular signed by the CBN Director of the Pa...

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Verified on May 29, 2026

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