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EconomyLeadership·29 May 2026

CBN Extends PoS Geo-Fencing Enforcement Deadline To August 2026

Reported by Leadership on 29 May 2026. Read the summary below, then continue to the full story.

RN
Ruth Nwokwu
Leadership
Summary

The Central Bank of Nigeria (CBN) has extended the enforcement date for the mandatory geo-fencing of Point-of-Sale (PoS) terminals to August 1, 2026, in a move aimed at giving financial institutions and payment service providers additional time to comply with the regulatory framework. The directive was contained in a circular dated May 29, 2026, signed []

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Originally reported by Leadership
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