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CBN Issues One-Month Deadline For Dual PoS Connectivity

12 December 2025

The Central Bank of Nigeria (CBN) has instructed all financial institutions, acquirers, and payment service providers to implement mandatory dual connectivity for Point of Sale (PoS) transactions within one month. This was disclosed in a statement signed by the Director of the Payments System Supervision Department, Rakiya Yusuf, updating a September 2024 policy. “Under the […]

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Man set ablaze for stabbing POS operator to death in Taraba

19 June 2024

The 18-year-old POS operator, was said to be preparing to write her NECO exams before the unfortunate incident happened. Vanguard learned that the incident happened on Monday around the Wukari Yam market.Residents of the area, angered by the man’s actions, pursued and apprehended him before setting him ablaze. The Chairman of Wukari LGA, Ismaila Dauda, […]

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