The Corporate Affairs Commission (CAC) will launch a nationwide enforcement against unregistered Point-of-Sale (PoS) agents, requiring all operators to register by January 1, 2026. This measure addresses rising unregistered operations violating CAMA 2020 and CBN Agent Banking Regulations.
The CAC views this as a reckless practice, enabled by some fintechs, posing risks to Nigeria’s financial system and citizens’ investments. Unregistered terminals will be seized, and enabling fintechs reported to the CBN, as compliance is mandatory.
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