The CBN’s new mandate on geo-tagging PoS machines is set to significantly disrupt agents and, by extension, mobile money operators. This policy comes at a time when the industry is experiencing rapid growth, with PoS transactions surging to ₦10.5 trillion in the first quarter of 2025.
On Augu
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.
