CBN’s geo-tagging mandate: Why Nigeria’s POS industry needs hard reset

3 hours ago 2

Tribune Online
CBN’s geo-tagging mandate: Why Nigeria’s POS industry needs hard reset

By Ayobami Oyalowo NIGERIA’s Point-of-Sale (PoS) industry has grown at a staggering pace. From fewer than 150,000 registered terminals in 2017, to more than 3.7 million devices as of mid-2025, according to the Nigeria Inter-Bank Settlement System (NIBSS). On the surface, this looks like a resounding success story. Millions of Nigerians now rely on PoS […]

CBN’s geo-tagging mandate: Why Nigeria’s POS industry needs hard reset
Tribune Online

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