Impossible Deadline For PoS Registration

The Central Bank of Nige­ria (CBN) recently man­dated that all Point of Sales (PoS) operators complete their registration with the Corpo­rate Affairs Corporation (CAC) by July 7, 2024. This directive aims to formalize the operations of PoS businesses across the country, boost­ing regulatory compliance and pro­moting financial inclusion. However, for many PoS opera­tors, this new [...]

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